Walmart Surprises with Profit Beat, Comp Store Increase

Bentonville, AR—Walmart surprised many today with an earnings report that beat analysts’ forecasts as comp store sales rose for the fifth straight quarter. ]Third quarter earnings were $1.03 a share beating the consensus estimate of 97 cents by 6.2%. However, it declined 10.4% from the year-ago earnings from continuing operations of $1.15 per share. Earnings […]

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