Walmart and Target are seeing a curious phenomenon in earnings this week—and their stock is feeling the impact (opens in new tab)
Earnings are in for two of the largest retailers, and they paint two very different pictures. Meanwhile, . What’s happening with these two retailers? Here’s what to know. Walmart looks at impact of soaring gas prices On Thursday, Walmart . Walmart’s chief financial officer John David Rainey Rainey said now that “those tax refunds are largely not coming in, I think consumers are going to feel more of that pressure from higher fuel prices” going forward in the second quarter. While, Walmart did...
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