News Formal

Walmart earnings and guidance grow in Q2 as ecommerce sales surge

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 11 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Newstrading News

Equities,Technical Analysis,Retailsales

Walmart (WMT) held nothing back in the results released on Thursday morning, handily beating Wall Street consensus and raising its fiscal year 2025 guidance.

Walmart stock jumps on top, bottom line beats. Revenue rises 5% from one year ago as ecommerce sales expand. Management does not expect an impending US recession of any kind. Fiscal 2025 guidance is raised across the board as WMT reaches new all-time high. Walmart held nothing back in the results released on Thursday morning, handily beating Wall Street consensus and raising its fiscal year 2025 guidance. WMT shares rose 6.5% to an all-time high above $73 per share. The Dow Jones index jumped 1.

? There are a number of ways to trade the as a single security, rather than having to buy shares in all 30 constituent companies. A leading example is the SPDR Dow Jones Industrial Average ETF .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock futures are little changed as Wall Street looks to shake off Thursday's market slideThe Dow Jones Industrial Average fell more than 500 points on Thursday but is still up for the week.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

Walmart Shares Jump on Q2 Earnings Beat, Guidance RaiseThe Walmart (WMT) Q2 2024 earnings were better than expected and included a raise to guidance, pushing shares higher on Wall Street.
Source: wwd - 🏆 24. / 68 Read more »