Walmart raises earnings forecast, expects strong holiday sales

  • 📰 Reuters
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Walmart Inc reported better-than-expected third quarter U.S. comparable sales on...

) reported better-than-expected third quarter U.S. comparable sales on Thursday as people spent more at its stores and website and the retailer picked up market share in food and other groceries.

Walmart has now posted a 21-quarter, or over five-year, streak of U.S. growth, unmatched by any other retail chain. Walmart has also managed to minimize the impact from tariffs on imports from China, imposed by President Donald Trump, Biggs said. “I think we’ve muted the impact pretty well up to this point.”

 

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

are they going to give their employing a bonus? or keep all the profits, greedy walmart

I’m not buying anything except food this year. They won’t get a penny from me. Sorry family no new TV, phone or whatever else is on your list. Just come over play some games eat some great food.

I hope all their employees get a nice Christmas bonus or at least store credit. Walmart

WalMart has not paid me yet the 8 billion dollar debt due to the purchase of my Continente food distribution chain in Brazil. I ask if the solution to this problem involves freezing the bank accounts of Walmart family and administrators?

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:

 /  🏆 2. in CA

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.

Stocks making the biggest moves after hours: SmileDirectClub, 2U Inc., Skyworks and moreStocks making the biggest moves after hours: SmileDirectClub, 2U Inc., Skyworks & more
Source: CNBC - 🏆 12. / 72 Read more »

Merck KGaA raises 2019 sales, earnings guidance in wake of Versum takeoverGermany's Merck KGaA on Thursday raised its full-year 2019 forecast for sal...
Source: Reuters - 🏆 2. / 97 Read more »

Options traders are bullish on Walmart's make-or-break earnings reportThe U.S. consumer trade is stumbling, and it faces a make-or-break moment when Walmart reports earnings on Thursday. Options traders are feeling bullish on the outcome.
Source: CNBC - 🏆 12. / 72 Read more »

Walmart and Nvidia earnings, Powell testimony: 3 things to watch for in the markets on ThursdayWe'll get earnings from big-box retailer Walmart and chipmaker Nvidia, as well as day two of Federal Reserve Chairman Jerome Powell's testimony to Congress. You might want to add Amazon as it crashes one big caca bowl of poop and pee
Source: CNBC - 🏆 12. / 72 Read more »