Walmart's Q4 Outlook Clouded by Consumer Spending Concerns: JP Morgan Analyst
Walmart(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 (+9.8% Y/Y), beating the consensus of $0.64 and sales of $169.34 billion, surpassing the consensus of $168.57 billion.Walmart expects third-quarter adjusted EPS of $0.51 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 ...