Walmart breaks down how the coronavirus has hit its $10 billion business in China

Tingshu Wang/Reuters Walmart's leadership weighed in on coronavirus concerns during the retail giant's investment community event on Tuesday. CFO Brett Biggs said that "sales have been okay" in China, although Walmart has faced issues with its product mix as consumers scramble to buy up essentials. Right now, Biggs said he is anticipating the outbreak to have "negative impact" to the tune of just a few cents for Walmart in the first quarter. CEO Doug McMillon said that its stores have largely re...