Walmart raises full-year guidance, as earnings beat on boost from grocery and online businesses

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The discounter's report comes after Home Depot and Target reported weaker sales trends.

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The discounter said it now anticipates consolidated net sales will rise about 3.5% in the fiscal year. It expects adjusted earnings per share for the full year will be between $6.10 and $6.20. Total revenue rose to $152.30 billion from $141.57 billion in the year-ago period, beating Wall Street's expectations.

 

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