Published 11 months ago

Walmart raises full-year guidance, as earnings beat on boost from grocery and online businesses

Summary by Ground News

Walmart raised its full-year forecast Thursday, as fiscal first-quarter sales rose nearly 8% and its large grocery business helped offset weaker sales of clothing and electronics.

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Reuters

Walmart lifts annual sales, profit view on resilient consumer spending

Walmart Inc raised its annual sales and profit targets on Thursday as shoppers snapped up its low-priced groceries and other essentials.

11 months ago·United Kingdom

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Associated Press News

Walmart shines in rough retail environment, ratchets up outlook after strong first quarter

NEW YORK — Walmart reported strong first-quarter sales results as the nation’s largest retailer’s low-prices continue to draw budget conscious consumers in a challenging economic environment of stubbornly high inflation,

11 months ago·United States

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abc News

Walmart boosts outlook after a strong first quarter and rising online sales

Walmart reported a strong first quarter and boosted its outlook for the year as the nation’s largest retailer continues to draw budget conscious consumers in a challenging economic environment

11 months ago·United States

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CNBC

Walmart raises full-year guidance, as earnings beat on boost from grocery and online businesses

The discounter's report comes after Home Depot and Target reported weaker sales trends.

11 months ago·United States

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Benzinga

Walmart revenue growth of 7.6%; operating income growing faster at 17.3%; eCommerce up 26% globally; Q1 FY24 GAAP EPS of $0.62; Adjusted EPS of $1.47; Company guides Q2 and raises FY24 outlook - Walmart (NYSE:WMT)

Walmart Inc. (NYSE:WMT): This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230517005840/en/ First-quarter highlights: Consolidated revenue of $152.3

11 months ago·New York, United States

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The Epoch Times

Walmart Boosts Outlook After a Strong 1st Quarter and Rising Online Sales

NEW YORK—Walmart reported a strong first quarter as the nation’s largest retailer continues to draw budget conscious consumers in a challenging economic environment. The company, based in Bentonville, Arkansas, offered an upbeat outlook for the year. Walmart reported net income of $1.63 billion, or 62 cents per share for the three month period ended April 30. Earnings, adjusted for non-recurring costs, came to $1.47 per share, far exceeding the …

11 months ago·New York, United States

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Walmart raises full-year guidance, as earnings beat on boost from grocery and online businesses

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Walmart lifts annual sales, profit view on resilient consumer spending

Walmart lifts annual sales, profit view on resilient consumer spending

Walmart shines in rough retail environment, ratchets up outlook after strong first quarter

Walmart shines in rough retail environment, ratchets up outlook after strong first quarter

Walmart boosts outlook after a strong first quarter and rising online sales

Walmart boosts outlook after a strong first quarter and rising online sales

Walmart raises full-year guidance, as earnings beat on boost from grocery and online businesses

Walmart raises full-year guidance, as earnings beat on boost from grocery and online businesses

Walmart revenue growth of 7.6%; operating income growing faster at 17.3%; eCommerce up 26% globally; Q1 FY24 GAAP EPS of $0.62; Adjusted EPS of $1.47; Company guides Q2 and raises FY24 outlook - Walmart (NYSE:WMT)

Walmart revenue growth of 7.6%; operating income growing faster at 17.3%; eCommerce up 26% globally; Q1 FY24 GAAP EPS of $0.62; Adjusted EPS of $1.47; Company guides Q2 and raises FY24 outlook - Walmart (NYSE:WMT)

Walmart Boosts Outlook After a Strong 1st Quarter and Rising Online Sales

Walmart Boosts Outlook After a Strong 1st Quarter and Rising Online Sales

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