Wal-Mart is experiencing the worst stock decline in more than 15 years. Earnings will decrease 6 percent to 12 percent in fiscal 2017, which ends in January of that year, the Bentonville, Arkansas-based company said at its investor day on Wednesday. Analysts had estimated a gain of 4 percent on average, according to data compiled by Bloomberg.” Charles Grom, an analyst with Sterne Agee & Leach, claims the outlook “far worse than anyone expected.”
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