Walmart (NYSE: WMT) reported fiscal 2022 third-quarter earnings before the market opened on Tuesday. The results disappointed investors, and the stock price was down over 2% on the day of the announcement.
Even during normal economic times, it’s a significant challenge successfully running a retail business that generates over $500 billion in annual sales. And these are anything but normal economic times. The coronavirus pandemic makes hiring people, managing supply chains, and getting customers in your stores difficult.