Walmart’s CFO predicts weaker Q2 — SeekingAlpha.com

Walmart CFO John Rainey recently cautioned that Q2 is posing some challenges in terms of profitability:

“Speaking at the Bank of America London Investor Conference, Rainey said the current quarter, the second quarter, is ‘certainly’ the retailer’s most challenging quarter from a comp perspective for the year, Seeking Alpha reported Tuesday. ‘Not every quarter is going to be as good as the last quarter,’ Rainey said, per the report.“

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