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Wal-Mart Stores Q3 Profit Rises - Quick Facts 1

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

Wal-Mart Stores Inc. (WMT) reported that its third-quarter net income attributable to the company was $3.24 billion or $0.84 per share, compared to $3.14 billion or $0.80 per share in the same quarter last year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.81 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales for the third quarter were $98.667 billion, an increase of 1.15 from $97.619 billion in the third quarter last year. Revenues for the quarter were $99.41 billion, compared to $98.35 billion in the prior year quarter. Eighteen analysts had consensus revenue estimate of $99.88 billion for the quarter.

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