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Benzinga
Benzinga
Business
Vishaal Sanjay

Walmart's Q2 Performance Hit By $450 Million In Liability Claims — Just 'Noise In Our Numbers,' Says CEO Doug McMillon

Doug McMillon Walmart John Rainey Retail WMT
Kanata,,Canada,-,June,2,,2024:,Walmart,Retail,Store,Building

Retailer Walmart Inc. (NYSE:WMT) says its second-quarter results were hit by unexpected legal and liability-related issues to the tune of $450 million, weighing on the company’s performance.

Claims Costs Rise Across The Industry

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