Retail News

Walmart posts 3Q gains, raises expectations for the holidays

Reuters/Yahoo Finance 11/14/2019

Walmart posted better-than-expected gains in same-store sales during the third quarter as customers spent more in the chain’s physical locations and website. The chain’s same-store sales were up 3.2 percent, ahead of the 2.9 percent forecast by analysts, and earnings per share were $1.16, beating the consensus of $1.09 on Wall Street.

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