Walmart (WMT) raised its full-year financial outlook after beating Wall Street estimates on both the top and bottom lines, but the stock fell 9% after US same-store sales slowed.

America’s biggest retailer, often considered a bellwether for the industry, posted revenue growth of nearly 6% to $187.9 billion, above the roughly $186 billion expected, per Bloomberg consensus data. Adjusted earnings per share clocked in at $0.81, also higher than the $0.74 expected.

However, US same-store sales grew 2.6%, below Wall Street’s forecast of 3.7%. This was the slowest pace of US same-store sales growth since Q4 of 2020.

Lower drug prices dragged down sales growth. Excluding health and wellness, which was…