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Actually, Walmart's Q1 Report Was Better Than It Seems

The market seems to be focusing on the wrong things, causing it to look right past some important details.With nothing more than a passing glance, it would be easy to come to a bearish conclusion about Walmart (WMT 1.99%). The world's biggest brick-and-mortar retailer topped its first-quarter earnings estimates, but its reported profits technically fell year over year. The company also cautioned shareholders -- and perhaps customers as well -- that new tariffs will likely force the company to raise its in-s ...