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Walmart Stock Slides After Earnings—Walton Family Loses Billions
WMTWalmart(WMT) Forbes·2025-02-20 15:06

ToplineWalmart shares headed toward their worst day in more than a year Thursday, knocking off billions from the net worths of the retail giant’s heirs, as the company issued a weaker forecast for 2025 than investors hoped — and the world’s largest firm by revenue cautioned about the impact of President Donald Trump’s tariffs on consumer prices.People wait for a Walmart store to open on Black Friday last year.AFP via Getty Images Key FactsWalmart stock fell more than 6.8% by 10 a.m. EST after the company de ...