Reported 2 days ago
Walmart reported robust third-quarter earnings, exceeding Wall Street expectations with $169.59 billion in sales and adjusted earnings per share of $0.58. The company has raised its fiscal year 2025 guidance following significant sales growth, particularly in e-commerce and groceries, as it adapts to consumer demand. Walmart's stock rose over 4% in premarket trading, reflecting its continued momentum. The retailer is focusing on maintaining competitive pricing while enhancing its online presence, which is contributing to its performance as it heads into the holiday shopping season.
Source: YAHOO