Walmart earnings and guidance grow in Q2 as ecommerce sales surge

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.

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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.
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