The Numbers Don't Lie: Why Wal-Mart Shares Are Falling

The video discusses Walmart's recent stock performance, highlighting a significant drop due to missed sales estimates and a strong dollar. Despite this, Walmart's online sales have grown by 21%, aided by strategic investments like the acquisition of Jet Comm and increased stake in jd.com. The video also covers the impact of deflation in grocery prices, which has been challenging for Walmart, as groceries make up a significant portion of its revenue. Lastly, Walmart is shifting its focus from opening new stores to enhancing existing ones, with CEO Doug Mcmillon emphasizing the need for ongoing change to achieve long-term goals.

What percentage of Walmart's US revenue comes from grocery sales?

What changes is Walmart making in response to the slowdown in store count growth?