Walmart and Trucking Issues (Short Grocers)
Walmart Inc. ($WMT) reported earnings on Tuesday and promptly got battered in the market.
While the behemoth retailer’s comp sales numbers rose 2.6%, e-commerce demonstrated some considerable cooling and EPS missed by $0.04.
Take a close look at the company’s earnings and you see that gross margin shrank, “due primarily to price investments, higher transp…