Walmart beats Wall Street expectations, raises outlook as it offers more grocery discounts
Walmart(WMT) Fox Business·2024-08-15 19:26
Walmart, the largest retailer and private employer in the U.S., reported another strong quarter, surpassing Wall Street expectations as it enticed shoppers with more discounts on groceries. The Arkansas-based company reported consolidated revenue climbed 4.8% to 168.53 billion Wall Street expected. Adjusted earnings per share came in at 0.65 analysts expected.The company also raised its guidance for the fu ...