We need to remember that Walmart represents such a mega proportion of sales that one hiccup with them (timing or planogramming) has the potential to cause material changes to revenue expectations (good and bad). It doesn’t necessarily have to be something that happened in Q2 either - cancelled (or increased) orders scheduled for Q3 or Q4 might have impacted full year guidance.
YOW Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held