To The Moon

$Wal-Mart(WMT)$has not been doing so well since announcing their 1Q23 result [Glance] .

1Q23:

Company total revenue was $141.6 billion, up 2.4%. Growth negatively affected by $5.0 billion due to divestitures and $0.4 billion from currency.

Walmart U.S. comp sales grew 3.0% and 9.0% on a two-year stack. eCommerce growth was 1%, or 38% on a two-year stack.

Sam's Club comp sales increased 10.2%, and 17.4% on a two-year stack. Membership income increased 10.5%.

Walmart International net sales were $23.8 billion, a decrease of $3.5 billion, or 13.0%, negatively affected by $5.0 billion due to divestitures, and $0.4 billion from currency fluctuations. Positive comps across all markets.

Global advertising business grew more than 30%.

Consolidated gross profit rate declined 87 basis points, primarily due to Sam's Club and 38 basis points in Walmart U.S. on elevated supply chain costs and product mix.

Consolidated operating expenses as a percentage of net sales increased 45 basis points, primarily due to increased wage costs in Walmart U.S.

Consolidated operating income was $5.3 billion, a decrease of 23.0%, negatively affected by $0.3 billion from divestitures. [Smart] 

All in one, it's not doing that well [Surprised] ?!

Dividend also decreased -0.4%. [Spurting] 

Their 2Q23 guidance is expected to be flat for the quarter [Surprised] ?!

Yar, that's all... [Thinking]  So, $Wal-Mart(WMT)$has been falling sharply due to their poor results & & expected flat result guidance for 2Q23 [Thinking] +[Helpless] .

DYODD before investing [OK]