fmr. U.S. CEO Bill Simon

WalmartBill Simon, former US CEO, thinks that the stock fall on Thursday is strange.

The large box retailer has removed the full -year sales and earnings forecast, but the stock still fell by 4.5%. Walmart It ended on Thursday as Dow’s biggest loser.

CNBC’s “fast money” was as good as any retailer could have in any environment. ” He said. “I can’t get the decline in the market today.”

Simon, who runs Walmart from 2010 to 2014, absorbs Walmart’s ability to keep customers busy with lower prices as a key advantage.

“If you loved them yesterday, I don’t know why you don’t like them today. Topline is growing. They are expanding their margins.” “They really hit all the cylinders.”

Simon is still active in the field of consumer – now Darden Restaurants wood and as Hanesbrands Minister. In the case of Walmart, it sees the decision to come up as a key reason for the optimism despite the tariffs.

Simon, “Tariffs are increasingly, there is no tariff effect for this job.” He said.

He claimed that investors may have been hanging on the longing for Walmart for more than three years-this was often caused by one-time costs, including reconstruction costs and insurance demands.

“This is a big number, but a one -time setting, Sim said Simon, Simon. “This is not a systemic problem.”

Simon has not always risen in Walmart’s business. In May 2024, “Fast Money”, high -income shops, said that a “bubble” in Walmart. Concern: When inflation began to decrease, they would return to the premium retailers.

But that didn’t happen. Simon now claims that cheaper prices are withdrawn and the ease of having grocery and general products in one place in one place.

“Them [Walmart] This can continue the ball lines, and their estimates will be the bear of a company, Simon Simon said.

Walmart shares have increased by 8% so far this year. However, on February 14, the record is about 7% of the high hit.

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