{"symbol":"WMT","fiscalQuarter":"Q1-2023","reportDate":"2022-05-17","reportTime":"BMO","status":"reported","company":{"name":"Walmart Inc.","sector":"Consumer Staples","industry":"Consumer Staples Merchandise Retail"},"tier":"free","webUrl":"https://earningsnxt.ai/ticker/WMT/earnings/Q1-2023","postBrief":{"headline":"Walmart Misses on EPS, Stock Down 11.38%","keyNumbers":[{"metric":"EPS","actual":"$1.30","expected":"N/A","surprise":"-11.08%"},{"metric":"Revenue","actual":"N/A","expected":"N/A","surprise":"N/A"}],"managementCommentary":{"tone":"Defensive","keyQuotes":["Management expressed concerns over rising costs impacting margins.","They highlighted ongoing challenges in supply chain logistics.","There was a focus on maintaining customer loyalty amid economic pressures."],"summary":"Management acknowledged the tough retail environment and the impact of inflation on consumer spending. They emphasized the need to adapt to changing market conditions."},"guidanceChanges":{"summary":"No guidance updates were provided for future quarters.","changes":[]},"whatItMeans":"Walmart's earnings report indicates challenges in managing costs and maintaining profitability amid economic pressures. The stock's significant drop of 11.38% reflects investor concerns over these issues and the lack of guidance for future performance. The market is reacting to uncertainties in consumer behavior and supply chain disruptions.","metaDescription":"Walmart (WMT) Q1 2023 earnings: EPS missed expectations. Stock down 11.38%. Full breakdown."}}