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Walmart Sales Hurt by Nationwide Food Stamp Cuts; Retailer Says It Was Directly Hit by Expiration of Government Program

Nationwide food stamp cuts will hurt Walmart stores' bottom line, according to officials from the retail giant.

Since the federal government's program-wide cuts took hold on Nov. 1, Walmart's sales have reportedly been hit, and officials are predicting further slumps for the coming year.
According to USA Today, Walmart estimated its fourth quarter and full-year adjusted earnings would be lower than first anticipated, with deep lows that the Arkansas-based company didn't think would come. The corporation made a direct link between the food stamp cuts and its dip in sales.
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So, maybe not eventually, huh?