Customers outside a Walmart store in Torrance, California, US, on Sunday, May 15, 2022. Walmart Inc. is scheduled to release earnings figures on May 17. Bing Guan | Bloomberg | Getty Images Walmart on Tuesday will report its fiscal third-quarter earnings before the bell, as the retail giant caters toContinue Reading

Shares of Walmart Inc. powered higher toward a three-month high Tuesday, after the discount retail behemoth reported fiscal second-quarter profit and revenue that beat expectations, and raised its full-year earnings outlook. The results come three weeks after Walmart WMT, +0.29% issued a second fiscal 2023 profit warning in two months,Continue Reading

Customers shop for a turkey at a Walmart store in Chicago, November 20, 2018. Kamil Krzaczynski | Reuters Walmart on Tuesday said sales grew more than 8%, but profits tightened in the fiscal second quarter, as consumers turned to the discounter for groceries and essentials. Shares rose about 3% inContinue Reading

Walmart on Tuesday reported quarterly earnings that missed Wall Street’s expectations by a wide margin, as the nation’s largest retailer felt pressure from rising fuel costs and higher levels of inventory. Shares were down about 7% in premarket trading. The company raised its outlook for sales this year, saying itContinue Reading

A worker delivers groceries to a customer’s vehicle outside a Walmart Inc. store in Amsterdam, New York, on Friday, May 15, 2020. Angus Mordant | Bloomberg via Getty Images Walmart on Thursday said shoppers turned to its stores for gifts and groceries during the holiday season, pushing company’s quarterly earningsContinue Reading