Walmart Stock Tumbles: CEO Warns Tariffs Are Raising Costs

Walmart, Inc. WMT shares were trading lower Thursday after the company reported its first earnings miss in three years. Warnings from CEO Doug McMillon on the negative impact of tariffs, further pressured the stock. WMT stock is slipping. Check the real-time price action here. McMillon told investors and analysts on Walmart's Q2 earnings call that the mega retailer is feeling the effects of President Donald Trump's tariffs on its bottom-line. Read Next: President Trump Worth More Than $5.5 Billion After $10 ...