e-commerce up double digits and reaffirming the second half guidance do not miss an interview with doug mcmillon with courtney reagan home depot posting earnings and revenue in q2 citing strong demand in home improvement projects but the company did see the number of transactions fall during the quarter, perhaps that's why the stock is down 1.5% inventories up 38%. >> we don't know how much inventory is because of higher inflation. but, yeah, there is a problem here, and i happen to love the company very much, but they average ticket track 9% offsetting a 3% decline in transactions you want to see customer transactions up because that demonstrates the real demand these are both fine companies. home depot managed to thread the needle people thought they were going to miss. they have a good contractor business tomorrow is lowe's, they do a better do it yourself business walmart guided down and beat the guide down i think that this -- i'm not saying it's -- that it isn't a true beat. i am saying that you have to go into it to the point look forward to the interview, how much gasoline is coming down

retailer issued a profit warning citing inflation's impact on the consumer despite the beat, ceo doug mcmillon says the company still has challenges to navigate listen. >> we've seen food inflation be persistent and continue to tick up, mid-ed double digits general merchandise is a little better the ports are clear. the transportation issues we were focused on have cleared up as time has gone on. we have a different set of challenges looking ahead than in the last six months. >> joining us is bill simon, former president and ceo of walmart. bill, how much credited do you give walmart and the team for beating their lowered expectations >> well, those guys are plasters y -- masters tell everybody you're going to be terrible and come in a little bit less terrible and get kudos for it they manage the business really well given where they were headed and you have to give them credit for that. >> but you say it's kind of a mixed result why? >> yeah. i mean there's some things to like in there. they did a good job -- i mean i love how they're holding pricing down to try to give the consumer some reli

and i will sit down with walmart ceo doug mcmillon in bentonville, arkansas for a more complete looke that did improve toward the end of the quarter >> i want to call up the stock chart again. walmart shares up by about 3.9%. this comes weeks after the profit warning that they issued. just talking about what they were seeing in the stores. was the trestreet's reaction to harsh at that point? saying consumers are trading down and getting pinched by inflation? i'm just trying to figure it out. did the street react too harshly? it t did things improve in. >> a little bit of both. when they had ended the quarter, things were looking a little more dire. there was may and june, they c called that one section of the quarter. then there was july. we saw some back-to-school spending pick up when it comes to school supplies, hot necesnot necessarily apparel. i asked specifically, when you seegas prices fall, does that really impact the consume r psyche and they said they don't have an exact reason, about you that was part of the reason for the turn. >> of course walmart sells a lot of gas i'm