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Benzinga
Benzinga
Business
Adam Eckert

Jim Cramer Apologizes To Walmart After Target Stock Tanks On Earnings

Jim Cramer Walmart Target NYSE Walmart Inc WMT

Jim Cramer bashed Walmart Inc (NYSE:WMT) over poor execution on Tuesday after he was left stunned by the company's worse-than-expected earnings results.

What Happened: Walmart on Tuesday announced that its bottom-line results were unexpected, as inflation levels created more pressure on margins and operating costs. The company also cut its earnings guidance for the current quarter.

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