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Walmart CEO Doug McMillon says customers are exhibiting 'stressed behaviors'—and it's already tanked the company's valuation by $22 billion

Summary by Fortune
The retailer’s stock dropped on the news that consumer confidence had hit a 12-year low.

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Walmart CEO Doug McMillon says customers are exhibiting 'stressed behaviors'—and it's already tanked the company's valuation by $22 billion

The retailer’s stock dropped on the news that consumer confidence had hit a 12-year low.

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Fortune broke the news in on Thursday, March 27, 2025.
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