Walmart shares fell more than 4% Thursday after the retailer missed its latest earnings target, weighed down by $450 million in charges tied to worker and shopper injury claims. The company reported U.S. comparable sales growth of 4.6% for the quarter ended August 1st, as grocery discounts, faster shipping, and fashion offerings helped draw shoppers despite tariff-driven price pressures. Executives said Walmart absorbed most import costs, raising prices on only about 10% of goods, and kept its average price hike at 1%. CEO Doug McMillon acknowledged weaker profit performance but said Walmart continues to gain market share across income groups, outpacing competitors like Home Depot, Lowe’s, and Target.
