For one, shoppers have made a massive flight to lower prices, which Walmart has more of, as low- and high-income consumers alike protect their pocketbooks. Walmart’s size and cash also give it the advantage in handling e-commerce deliveries more quickly and ensuring that things people want are on the shelves.

Wall Street fell to a fifth straight loss on Thursday, hurt by a drop for Walmart and dampened hopes for coming cuts to interest rates. Walmart was one of the market’s heaviest weights and dropped 4.5% after reporting a profit for the spring that came up short of analysts’ expectations,

Shares of Walmart (NYSE: WMT) fell 4.9% Thursday. The drop came as the S&P 500 lost 0.5% and the Nasdaq Composite lost 0.4% as investors await Federal Reserve Chair Jerome Powell's speech tomorrow.

Walmart's results WMT.N on Thursday show U.S. consumers across the spectrum are still flocking to the retailer's stores despite economic headwinds, but shares dipped as the company's margins ebbed and inventory costs rose.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Walmart said its tariff-related price increases were limited to 10 percent and the company was absorbing the rest of the costs

Shares of Walmart Inc. dropped in early trading Thursday, after the discount-retail behemoth missed fiscal second-quarter profit expectations, but raised its full-year outlook and saw strength in sales at both its retail and Sam’s Club warehouse stores.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.