Retail giant Walmart Inc. (WMT) on Thursday reported an 80 percent surge in profit for the first quarter from last year, reflecting higher revenues and a gain on the company's equity investment in JD.com.
Excluding items, adjusted earnings per share for the quarter beat analysts' expectations, while revenues missed their estimates. The company's shares are gaining more than 1 percent in pre-market activity.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.