Walmart raises annual forecasts again, signals holiday shopping surge beyond essentials
Walmart on Tuesday raised its annual sales and profit forecast for the third consecutive time, with people buying more groceries and merchandise online and at its stores, a sign that it may be gaining market share ahead of the holiday season.
Walmart raises guidance after another strong earnings report ahead of the holiday season
Adjusted earnings per share eclipsed estimates by $0.05 at $0.58. "We had a really strong quarter," Walmart CFO John David Rainey told Yahoo Finance, noting that e-commerce now makes up 18% of the business overall as consumers lean into convenience via delivery and pickup.
Walmart on Tuesday raised its annual sales and profit forecast for the third consecutive time, with people buying more ...
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Walmart WMT-N on Tuesday raised its annual ... supply chain to help stock fresher produce and improve delivery times as ...
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