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Walmart Stock Rises on Growing Sales, Profits, and Raised Outlook
WMTWalmart(WMT) Investopedia·2024-11-19 12:30

Walmart (WMT) reported better third-quarter fiscal 2025 results than analysts expected Tuesday morning as it registered growing sales and profits, sending its stock higher. The retail giant reported 169.59billioninrevenue,upfrom169.59 billion in revenue, up from 160.80 billion a year ago and above the 167.72billionanalystsexpected,accordingtoVisibleAlpha.Walmartsnetincomecameinat167.72 billion analysts expected, according to Visible Alpha. Walmart's net income came in at 4.58 billion, or 0.57pershare,betterthanexpectationsof0.57 per share, better than expectations of 4.25 billion and $0.53 per share, respectively. The company's e-commerce and ...