— HowlingWolves (@HaulingWolves) February 17, 2020
— Sven Henrich (@NorthmanTrader) February 18, 2020
— Carl Quintanilla (@carlquintanilla) February 18, 2020
Walmart on Tuesday reported fiscal fourth-quarter earnings that fell short of analysts’ estimates, as the retailer saw weak demand for toys, apparel and video games during the holiday season.
Its outlook for the upcoming year also came up short of expectations, as Walmart anticipates e-commerce growth will slow. Walmart said the forecast doesn’t include any impact from the deadly coronavirus outbreak, though it continues to monitor the situation.
Political unrest in Chile, where protests have caused disruption in Walmart stores in the region, also weighed on its results in the latest quarter.
Walmart shares were up nearly 1% in premarket trading.