Bad news doesn't go over well in a bear market -- take retailer Walmart's (NYSE: WMT) recent announcement of reduced profit guidance for the rest of the year. WMT EPS Diluted (TTM) data by YCharts However, investors who bought shares in 2007 and held through the occasional turbulence are up 288%, outpacing the S&P 500. Management has noted that high inflation hurts consumers, who are pulling back on discretionary purchases to afford necessities like food and gas.