Walmart's Q3 Performance Shows Structural Gains Fueling Future Growth: Analyst

JP Morgan analyst Christopher Horvers expressed views on Walmart Inc‘s WMT strong third-quarter FY25 results reported today.Walmart reported sales of $169.6 billion, beating estimates, with adjusted EPS of$0.58 and global eCommerce sales up 27%.The company raised FY25 guidance for adjusted EPS to $2.42-$2.47 and sales growth to 4.8%-5.1%, citing strong U.S. performance.The analyst writes that, similar to prior quarters, Walmart maintains a prudent forecast despite consistent outperformance.The analyst adds ...