Summary List Placement
Walmart CFO Brett Biggs told CNBC that another stimulus check could give the company a “boost.”
Biggs was speaking after the company reported its fourth-quarter earnings, which fell short of Wall Street expectations despite record sales in the US; the stock fell as much as 6.2% on Thursday. Notably, earnings for e-commerce only increased by 69%; as Insider’s Ben Winck reported — the smallest increase since the pandemic’s onset.
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