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Walmart Q3 Results Top Estimates; Raises Full-year Outlook

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Retail giant Walmart Inc. (WMT) Tuesday reported third-quarter results that surpassed the Street view. The retailer also raised its adjusted earnings guidance for the full-year on strong third-quarter results.

In pre-market activity on the NYSE, Walmart shares were surging $9.96 or 7.20 percent to trade at $148.35.

"We had a good quarter with strong top-line growth globally led by Walmart and Sam's Club U.S., along with Flipkart and Walmex. Walmart U.S. continued to gain market share in grocery, helped by unit growth in our food business," said Doug McMillon, President and CEO.

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