Walmart lifts full-year earnings and sales guidance By Investing.com

The company now sees full-year adjusted EPS at $6.36 to $6.46, up from its prior guidance of $6.10 to $6.20. The figure topped Bloomberg consensus estimates of $6.28 for the forecast.

Meanwhile, net sales are projected to grow by about 4% to 4.5% in its 2024 fiscal year. Walmart's previous outlook for the figure had been approximately 3.5%.In a statement, Chief Executive Officer Doug McMillon noted that Walmart's food segment had been a source of"strength" for the group in the 13 weeks ended on July 29. Groceries have been a key performance driver for Walmart during a recent bout of elevated inflation in the U.S.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Top 3 Tech Stocks Poised to Surge Amid Growing Likelihood of Soft Landing ScenarioStocks Analysis by Investing.com (Damian Nowiszewski) covering: STMicroelectronics NV ADR, Belden Inc, Vishay Intertechnology Inc. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Stock Market Today: Dow lower as Treasury yields rise after retail sales surprise By Investing.comStock Market Today: Dow lower as Treasury yields rise after retail sales surprise
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »