First quarter profits for walmart were much lower than expected. Shares are down ten %. Motleyfull, money starts nowi'm chrisell, joined by motleyfull senior analyst, aset charma. Thanks for having e two of the biggest retailers in the us. Two pretty different stories, and we'll start with the bigger one. We've got a tale of two retailers. It was the best of times,. It was the blurst of times.
Two major retailers, two different results as they battle inflation. (0:30) Asit Sharma discusses: - Walmart's unusually large stock drop in the wake of disappointing 1st-quarter results - Being a blacksmith, not a goldsmith - Home Depot raising guidance after strong 1st-quarter profits - The role of higher mortgage rates play for home improvement retailers
(15:30) Alison Southwick and Robert Brokamp continue their conversation with Business Insider's Mark Reeth about unusual economic indicators.
Stocks discussed: WMT, HD, LOW, AMZN
Host: Chris Hill Guests: Asit Sharma, Alison Southwick, Robert Brokamp, Mark Reeth Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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