Walmart Shares Sink Despite Solid Sales Outlook. Should Investors Buy the Dip?

Walmart shares sank after the company's profits missed expectations.Despite strong revenue growth and raised guidance, shares of Walmart (WMT -1.18%) sank following the retailer's Q2 results, as the company's profits came in a bit light of expectations. While much of the talk was around tariffs, the real culprit for the earnings miss was an increase in the cost of workers' compensation claims, as the company self-insures. The stock is now up about 8% on the year, as of this writing. Let's dive into retail g ...