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Walmart Guides Q3 EPS Below Consensus as Capex Climbs
Walmart Inc. (NASDAQ: WMT) guided third-quarter earnings per share below Wall Street expectations while lifting its full-year capital expenditure range, drawing analyst commentary on retail navigate strategy during Friday's premarket session. Traders and investors are assessing the retailer's 2.6% U.S. comparable sales growth against analyst estimates of 3.5% to 3.8%.
If guides third-quarter earnings per share below analyst expectations while raising capital expenditures, watch options and equity liquidity because retail sector allocation pivots quickly on consumer spending softness and margin pressure.
