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For your information, you can find below the description of the video Walmart Cuts Profit Outlook, Stock Plunges published by the Youtube channel Bloomberg Markets and Finance:
Walmart says its adjusted earnings per share will fall as much as 13% in the current fiscal year as US shoppers spurn big-ticket items and focus on buying less profitable groceries with consumer prices soaring. Bloomberg's Kailey Leinz reports on the outlook and its impact on the retail sector.