By Iain Gilbert
Date: Tuesday 19 Nov 2024
LONDON (ShareCast) - (Sharecast News) - Retailer Walmart hiked its full-year guidance on Tuesday after Q3 earnings and revenue came in ahead of expectations.
Walmart now expects net sales to grow between 4.8% and 5.1% in FY24, up from previous forecasts of between 3.75% and 4.75%.
As far as Q3 was concerned, the Arkansas-based firm said net income increased to $4.58bn, up from $453.0m at the same time a year earlier, while revenue rose from $160.8bn to $169.59bn.
Same-store sales jumped 5.3% at Walmart, while US e-commerce sales surged 22%.
As of 1455 GMT, Walmart shares were up 3.09% at $87.14 each.
Reporting by Iain Gilbert at Sharecast.com
Email this article to a friend
or share it with one of these popular networks:
Currency | US Dollars |
Share Price | $ 99.77 |
Change Today | $ 1.05 |
% Change | 1.06 % |
52 Week High | $105.05 |
52 Week Low | $65.76 |
Volume | 16,999,205 |
Shares Issued | 8,000m |
Market Cap | $798,160m |
Beta | 0.68 |
RiskGrade | 117 |
Strong Buy | 15 |
Buy | 25 |
Neutral | 2 |
Sell | 0 |
Strong Sell | 0 |
Total | 42 |
Time | Volume / Share Price |
15:59 | 100 @ $99.82 |
15:59 | 100 @ $99.82 |
15:59 | 100 @ $99.82 |
15:59 | 100 @ $99.82 |
15:59 | 100 @ $99.82 |
You are here: research