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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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

Walmart

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.

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:

 /  🏆 12. in NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Lowe’s stock falls in wake of rival Home Depot’s disappointing earnings reportShares of Lowe’s Companies Inc. dropped 1.9% toward a seven-week low in premarket trading Tuesday, as a disappointing earnings report from rival home...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the biggest moves premarket: Home Depot, Capital One, Dish Network & moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »

Shoppers are pulling back at Home Depot | CNN BusinessConsumers are taking on smaller home improvement projects as higher interest rates and inflation take their toll.
Source: CNN - 🏆 4. / 95 Read more »