Walmart stock dips after pharmacy pay move — what to watch before earnings

Walmart Inc shares were little changed on Wednesday, down about 0.1% at $116.87, after the retailer raised pay for thousands of pharmacy technicians as it leans harder into healthcare. Walmart said it elevated 3,000 roles to pharmacy operations team lead positions, lifting average pay to $28 an hour from $22, while expanding technician pay ranges up to $40.50 an hour and team lead pay potential up to $42 an hour plus bonus, depending on location. “This investment is really about supporting the pharmacy teams who show up for their communities every day,” said Kevin Host, Walmart’s senior vice president of pharmacy.

Walmart shares slipped slightly in after-hours trading Monday, staying close to their closing price as investors zeroed in on an upcoming Federal Reserve decision that could shift rate expectations and risk sentiment.

Shares of Walmart Inc. ticked up 0.4%, reaching $118.21 in late-morning trading on Monday.