Thursday, August 17, 2023

Walmart Q2 Profit Up 53%; Results Top Estimates

Retail giant Walmart reported Thursday a net profit for the second quarter that surged 53.3 percent from last year, reflecting improved gross margins and revenue growth. The results were also driven by the rebound in international markets. Both adjusted earnings per share and revenues topped analysts' expectations. The retailer also raised its adjusted earnings guidance for the full-year 2024.

from RTT - Earnings https://ift.tt/VnZbfEk
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