Walmart (WMT) falls over 6% on weak earnings and lower guidance
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Walmart U.S. grew comp sales 3.0% and gained market share in grocery
May 17, 2022 7:02 AM EDTQ1 FY23 GAAP EPS of $0.74; Adjusted EPS of $1.30
Company provides updated outlook for Q2 and full year
BENTONVILLE, Ark.--(BUSINESS WIRE)-- Walmart Inc. (NYSE: WMT):
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220516006076/en/
First-quarter highlights:
Company delivered strong top-line growth globally. Total revenue was $141.6 billion, up 2.4%, or 2.6% in constant... More