NEW YORK (AP) — Walmart delivered another quarter of impressive sales as speedy deliveries and low prices served as a magnet for shoppers across the income spectrum.
Yet like other major retailers posting financial results this week, it was cautious about the rest of the year given the current economic uncertainty. On Thursday, it issued a forecast for the current quarter that was weaker than what Wall Street had been expecting.
Shares slipped more than 2% before the opening bell Thursday.
