Walmart is Begging The Government For another Huge stimulus Package
It seems they can't project any profits anymore unless the Feds make some more Debt and had out Free money to all again.
The $1,200 direct payments and expanded unemployment benefits were what kept the economy from stalling out in the early weeks of the coronavirus pandemic when much of the world was forced to shut down. Millions of Americans are still unemployed and even those who kept their jobs are undoubtedly being extra cautious, as there is still no end in sight to this pandemic. Without another relief package to encourage consumer spending, it’s unlikely that Walmart or any other retailer will continue to bounce back so aggressively in the months to come.