Walmart Stock Surges as Revenue and Profit Outlook Lifted
Walmart(WMT) Investopedia·2024-08-15 20:50
Key TakeawaysWalmart reported second-quarter sales and adjusted EPS above expectations Thursday, while net income fell short.The retail giant lifted its full-year revenue and adjusted EPS guidance.Shares rose over 7% following the earnings report's release. Walmart (WMT) shares jumped Thursday as the retail giant reported better-than-expected second-quarter fiscal 2025 sales and adjusted earnings per share (EPS), leading the company to lift its outlook for the full year. Walmart posted total revenue up near ...