Walmart's Q4 Outlook Clouded by Consumer Spending Concerns: JP Morgan Analyst
WMTWalmart(WMT) Benzinga·2024-08-16 02:14

Walmart Inc WMT shares are trading higher on Thursday after the company announced strong second-quarter 2025 results and raised full-year guidance.The retailer reported adjusted EPS of 0.67 (+9.80.67 (+9.8% Y/Y), beating the consensus of 0.64 and sales of 169.34billion,surpassingtheconsensusof 169.34 billion, surpassing the consensus of 168.57 billion.Walmart expects third-quarter adjusted EPS of 0.51to0.51 to 0.52 versus a consensus of $0.55, and its net sales to grow 3.25% – 4.25% in CC.JP Morgan analyst Christopher Horvers has an Overweight rating on W ...