Shares of Walmart Inc. WMT rose 0.7% in afternoon trading Friday, to put them on track for a record close. The discount retail giant’s stock was headed for the fourth record close in the nine trading sessions so far in August. The stock’s rally comes ahead of Walmart’s fiscal second-quarter report, which is scheduled for release on Aug. 17, before the opening bell. Since the end of July, the FactSet consensus for second-quarter adjusted earnings per share has ticked up to $1.69 from $1.
7% in afternoon trading Friday, to put them on track for a record close. The discount retail giant’s stock was headed for the fourth record close in the nine trading sessions so far in August. The stock’s rally comes ahead of Walmart’s fiscal second-quarter report, which is scheduled for release on Aug. 17, before the opening bell. Since the end of July, the FactSet consensus for second-quarter adjusted earnings per share has ticked up to $1.69 from $1.68, for revenue to $159.