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

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

NEW YORK (AP) — Walmart reported strong first-quarter 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. The company beat Wall Street expectations Thursday and boosted its annual profit and sales outlook. Comparable store sales — those from established stores and online operating over the past 12 months — rose 7.4%, a bit slower tha…

Walmart Beats Across The Board, Boosts Guidance But Warns of Spending Softness As Quarter Progressed

Walmart Beats Across The Board, Boosts Guidance But Warns of Spending Softness As Quarter Progressed Earnings season came to a soft close this morning when the last big retailer, Walmart, reported earnings and comp sales that were stronger than expected across the board, and also hiked its full year guidance even as it echoed Target in warning that sales have moderated as the quarter progressed with general merchandise sales reflected softness i…

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.

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,

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.Shares rose 1.5% in premarket trading Thursday.Walmart's financial performance hints at a U.S. consumer that has remained resilient in the face of stubbornly high inflation and tightening credit, though evidence of a pullback in spending has begun to emerg…

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

NEW YORK (AP) — 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. Shares rose 1.5% in premarket trading Thursday. Walmart’s financial performance hints at a U.S. consumer that has remained resilient in the face of stubbornly high inflation and tightening credit, though evidence of a pullback in spending …