Wal-Mart Stores (WMT) reported first quarter income from continuing operations of $1.09 per share Thursday morning, up from $0.98 per share in the previous year. The consensus estimate was for EPS of $1.04. Second quarter income from continuing operations is expected to be between $1.13 and $1.18, compared to the consensus estimate of $1.16.
Wal-Mart Stores gapped open sharply higher Thursday and climbed in early trade, before settling into a range. Shares finished up by 2.49 at $61.68 on above average volume. The stock rose to a one-month high and re-crossed its 50-day moving average.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.