If Walmart’s second quarter sales trends in electronics are any indication, Best Buy could announce a dud of a quarter and outlook in a few short weeks.
In Walmart’s earnings release on Tuesday, the world’s largest retailer cited “softness” in electronics at its Walmart U.S. division. And at Sam’s Club U.S., sales fell by a high-single digit percentage in the tech, office, and entertainment category.
Walmart CFO John David Rainey struck a cautiously optimistic tone on the state of the U.S….
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