Walmart stock tumbles 9% after outlook disappoints Wall Street

Walmart reported quarterly results that mixed strong headline numbers with investor disappointment Thursday. The company posted net revenue of $187.94 billion, up from $177.40 billion in the year-earlier period, and raised its full-year sales guidance to between 4% and 5% growth compared with prior expectations of 3.5% to 4.5%. However, the stock declined approximately 9% as Wall Street focused on softer-than-expected comparable sales metrics.
Quarterly comparable sales growth of 2.6% in the U.