Walmart Posts Strong Yearly Profits, Stock Declines on Challenges Ahead
By Wesley Brown Walmart Inc., the nation’s largest retailer and a key bellwether for the U.S. economy, finished 2024 with robust profits and rising sales but hit a few snags in the new year as inflation and tariff concerns rile bargain-hunting shoppers. In Thursday’s New York Stock Exchange session, Walmart stock was the biggest decliner, falling 6.53 percent to $97.21.
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