9/13/2023 0 Comments Yahoo finance stocks walmartJULIE HYMAN: That's- I guess that's a new word. The head of the US unit Walmart on the call, saying that consumers are more choiceful right now. Walmart, just refreshing you guys' memories, having to cut its forecast right a couple of times to sort of catch up with all of those adjustments, and now figuring out where people go from here. And all of this is sort of the legacy feedthrough of the company relying too heavily and ordering too much of what's called general merchandise, the nongrocery stuff. ![]() JULIE HYMAN: Yeah, this decline in earnings for- projected decline in earnings this year will be the second straight year that Walmart has seen a decline in earnings. I think analysts are paying close attention to that throughout this morning's report and some of what the company's chief executives are saying right now. They're forecasting and anticipating sales growth at a lower rate here today. And then, additionally, this is gonna impact their sales growth. That could persist in the near term depending upon where the consumers continue to place their priority and their purchase patterns right now. So some of those areas of weakness that they talked about on the call were toys, electronics, home, and apparel. One of them, you're gonna continue to see persistent pressure on product mix shifts. And there's two things that stuck out to me. There's two things that jump out to me- as you saw me even coming down here for the show, I was still listening in to this earnings call just to get some nuggets of information for our viewers here that isn't directly called out within this earnings release. We've been tracking shares of WMT premarket and they have been lower. Walmart is out with its latest earnings and the retail giant posted a disappointing profit outlook, signaling a rocky year ahead after a strong holiday quarter here. Video TranscriptīRAD SMITH: Let's get back to thing number one here of the day and check in on the health of the consumer. Prices were accurate at the time this article was published but may change over time.Yahoo Finance Live anchors Brad Smith and Julie Hyman discuss the decline in stock for Walmart following fourth-quarter earnings. Follow Reviewed on Facebook, Twitter, Instagram, TikTok or Flipboard for the latest deals, product reviews and more. The product experts at Reviewed have all your shopping needs covered. Check out Walmart for this 4th of July-level deal. ➤Amazon Prime Day 2023 is coming: Get essential info and shop early deals nowīeats headphones are some of the most advanced ear cups on the market, so this Solo3 deal is the one to grab. If you ever run out of power while you're on the go, there's a 3.5-millimeter headphone jack so you can hear your music the old-fashioned way. When it's actually time to charge, you'll get three hours of power within five minutes. Beats says this particular model can last around 40 hours and our tester found that estimate to be pretty accurate. You don't have to worry about searching for an outlet and a cord as the Solo3 has a healthy battery life. Here's the deal: Subscribe to our Perks and Rec newsletter for daily savings on all the things you want and need. You'll get that experience if your headphones are next to your phone or in the other room thanks to a reliable long-range collection. Our tester said the headphones do a commendable job equalizing volume across the frequency spectrum (except the low-end), making for a bass-heavy experience on every song. ![]() The tight seal of the cups keeps sound safely in your ears and stops annoying surrounding noise from taking you out of your experience. When we tested the Beats Solo3, its sound quality and battery life were the most outstanding features. ➤5 best sales to shop this week: Allbirds, Target, Tory Burch and more Whatever style you pick, you'll get the wireless ear cups with an Apple W1 headphone chip built-in for immersive sound and easy Bluetooth connectivity. You can get the stylish device in a sleek black shade for $50 off or an eye-catching red style for 11% off, both at the exact same price. The shopping supercenter has the Beats Solo3 wireless headphones on sale for $129. Thankfully, Walmart has a set of compact Beats headphones on sale that amplify sound and go easy on your wallet. If you want to feel the beat of your Spotify playlist, it makes all the sense in the world that Beats headphones are the ones to grab. There's a variety of headphones on the market, but very few have the kind of technology that lets you truly experience your favorite songs and podcasts. ![]() Purchases you make through the links below may earn us and our publishing partners a commission. Recommendations are independently chosen by Reviewed’s editors.
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