Why Walmart Stock Was Surging Today
Walmart(WMT) The Motley Fool·2024-08-15 23:51
The retail giant delivered another impressive earnings report.Shares of Walmart (WMT 6.53%) were jumping today after the retail giant delivered another strong earnings report, beating estimates on the top and bottom lines and raising its full-year guidance.The results showed that Walmart continues to execute as well as any other retailer in a challenging environment, thriving on the strength of its grocery business, reputation for low prices, and solid execution in the omnichannel.As of 10:13 a.m. ET, the s ...