Walmart Posts Strong Yearly Profits, Stock Declines on Challenges Ahead

At the closing bellThursday, more than 51.5 million shares of the company’s stock had traded hands, three times the normal volume.
Walmart Posts Strong Yearly Profits, Stock Declines on Challenges Ahead
Customers shop at a Walmart store in Chicago, Ill., on May 18, 2023. Scott Olson/Getty Images
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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. At the closing bell, more than 51.5 million shares of the company’s stock had traded hands, three times the normal volume.

Wesley Brown
Wesley Brown
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Wesley Brown is a long-time business and public policy reporter based in Arkansas. He has written for many print and digital publications across the country.