Thursday, August 16, 2018

Walmart Q2 Results Beat View; Lifts FY19 Outlook

Retail giant Walmart Inc. on Thursday reported a net loss for the second quarter as higher revenues were offset by a one-time charge, among other items. However, both revenue and adjusted earnings per share topped analysts' estimates, while Walmart U.S. same-store sales recorded the strongest growth in more than ten years. The company raised its outlook for fiscal 2019.

from RTT - Earnings https://ift.tt/2PbckMR
via IFTTT

No comments:

Post a Comment