Walmart to Record $1B Loss in Sale of Argentina Retail Operations
Walmart announced an agreement to sell its retail operations in Argentina. The company will record a noncash loss of about $1 billion, after tax, in Q3 FY 2021, primarily due to cumulative foreign currency translation losses, it said Friday in…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
an SEC filing.