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Stock impact report

Walmart posts mixed quarter but raises forecast, expecting strong holiday [CNBC]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company Research Source: CNBC
Walmart on Thursday reported mixed third-quarter results, with earnings that topped analysts' expectations and revenue that fell short due to currency headwinds. Earnings were fueled by strong e-commerce sales, as the company continues to gobble up online brands to compete with Amazon and grow its grocery business. The retailer also raised its forecast for earnings and same-store sales in the U.S. for the full year, having said it expects a strong holiday season. Walmart shares were climbing around 1 percent in premarket trading on the news. Here's what Walmart reported compared with what analysts were expecting, based on a survey by Refinitiv: * Earnings per share: $1.08, adjusted, vs. $1.01 expected * Revenue: $124.89 billion vs. $125.55 billion expected * Same-store sales: up 3.4 percent in the U.S. vs. growth of 3.1 percent expected We have momentum in the business as we execute our plan and benefit from a favorable economic environment in the U.S., C Show less Read more
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