Wal-Mart Stores Inc. reported disappointing sales figures, raising concerns about the health of the consumer and the company’s growth prospects. The world’s largest retailer announced that sales at stores open at least a year, a key metric of retail performance, fell below analysts’ estimates.

The weaker-than-expected sales have prompted analysts to reassess their outlook for Wal-Mart. Some are attributing the slowdown to a combination of factors, including increased competition and changing consumer preferences.

Wal-Mart’s performance is often seen as a bellwether for the broader retail industry and the overall economy. The company’s size and reach mean that its sales trends can provide valuable insights into consumer spending patterns.

Company executives acknowledged the challenges but expressed confidence in Wal-Mart’s long-term strategy. They pointed to ongoing efforts to improve the shopping experience and adapt to evolving customer needs.

The news sent ripples through the stock market, with Wal-Mart’s shares experiencing a decline in early trading. Investors are closely monitoring the company’s response to the sales slowdown and its plans to regain momentum.