Retail giant Walmart Inc. (WMT) reported Thursday a profit for the fourth quarter compared to a loss last year, driven by revenue growth and a steep drop in other losses. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. The retailer also initiated earnings and net sales growth guidance for the full-year 2023.
"We had another strong quarter to finish off a strong year. We have momentum in our business in all three segments," said Doug McMillon, President and CEO.
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