Walmart's Q3: Net Income Soars, Beating Estimates

Walmarts fiscal third quarter financial results soared, with a net income of $6.14 billion, or $0.77 per share, surpassing analyst predictions. Adjusted earnings of $0.62 per share also outperformed estimates. Revenue reached $179.5 billion, exceeding forecasts. These robust numbers underscore Walmarts retail dominance and set a positive tone for the rest of the fiscal year, with projected full-year earnings between $2.58 and $2.63 per share.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.