Walmart shares pop in pre-market after another revenue, earnings beat

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 26 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

Walmart أخبار

Sam's Club,Grocery Items,Market Share

The retail giant posted strong numbers as Americans looks to stretch their dollars.

For its fiscal 2025 Q1, America's biggest retailer posted revenue of $161.51 billion, higher than the $159.58 billion expected, while adjusted earnings per share also came in higher at $0.60, compared to estimates of $0.53.

Total US same-store sales increased 3.9% year over year, led by growth from Sam's Club, up 4.4%, as Americans sought out deals on grocery items.Its namesake stores saw same store sales grow 3.8%, boosted by customers going more frequently, though ticket size was flat. The company alluded that it was gaining market share among upper income households.These results come as the company plans to cut hundreds of jobs and asked employees to relocate to its headquarters in Bentonville, Ark.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 47. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Walmart Is Next Test for Traders Fretting About Consumer StocksEarnings from a string of household names are stoking concern over the resilience of American consumers and stocks tied to their spending, raising the stakes for results from the nation’s largest retailers.
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »