Thursday, August 15, 2019

Walmart Q2 Results Top View, Boosts FY20 Outlook

Retail giant Walmart Inc. reported Thursday a profit for the second quarter compared to a loss last year, reflecting higher revenues and strength at Walmart U.S. Adjusted earnings per share and revenues topped analysts' expectations. The company also raised its adjusted earnings and comp sales outlook for the full-year 2020. The company's shares are gaining nearly 6 percent in pre-market activity.

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