S&P 500 has declined 10% YTD. It dropped as much as 15% till Apr 8, before a tariff pause was announced.
Things have since recovered a bit.
E.g. after Walmart missed guidance on Feb 20, its stock has only dropped 4.1% (Feb 20 to Apr 17). To be fair, the one day drop on earnings is bigger – 6.5%!
Walmart guided 3-4% annual revenue growth, 3.5% to 5.5% adj. operating income growth, flat to 3.6% adj. EPS growth. Considering the 50bps of FX headwind, organic adj. EPS growth is guided at 3.6% at mid-point.
On Apr 9, Walmart pulled Q1 profit guidance, but maintained full year guidance.