Walmart shares drop as retailer says profit growth will slow

Walmart shares drop as retailer says profit growth will slow

Walmart shares fell roughly 6% in early trading Thursday, as the big-box retailer said profit growth will slow this fiscal year even as sales continue to climb. Walmart said holiday-quarter revenue rose about 4% and e-commerce sales shot up 20% in the U.S., as growth in store pickup and home …

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