Walmart market cap tops $500B post Q1 results

signaled consumer resilience on spending despite the strain on household budgets.Wal Mart shares rising after the retailers first quarter results impressed Wall Street the move higher, pushing the company's market value over $500 billion for the first time.And Walmart CFO John David rainy appearing on the morning brief earlier today, he spoke about the quarter and what it signals about the consumer.

Yeah, it was interesting too, Julie, I thought the focus on kind of these newer um higher margin revenue streams is really interesting to me. And of course, if you're a Walmart investor, you know, that kind of growth and higher margin services you love to see and, and you're betting on that becoming just an increasingly bigger part of the overall pie.The company um shipped 4.4 billion units for same day or next day delivery for walmart.com.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Strong Walmart earnings may already be priced in with shares near recordWalmart's earnings amid signs of weaker discretionary spending could add fuel to a rally that has propelled its shares to record highs, or potentially spook ...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Strong Walmart earnings may already be priced in with shares near recordExplore stories from Atlantic Canada.
Fuente: SaltWire Network - 🏆 45. / 63 Leer más »

Strong Walmart earnings may already be priced in with shares near recordThere’s increasing pressure on the company to provide impressive results
Fuente: globeandmail - 🏆 5. / 92 Leer más »

Walmart shares pop in pre-market after another revenue, earnings beatThe retail giant posted strong numbers as Americans looks to stretch their dollars.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Walmart shares pop after earnings beat, surpasses $500 billion in market capThe retail giant posted strong numbers as Americans look to stretch their dollars.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »