Walmart Earnings

• Walmart raises its earnings outlook on strong demand for bargains

  Walmart's comparatively low prices are proving a powerful draw for millions who have struggled with rising costs for housing, groceries and almost everything else.

  Consumer

  Aug 15, 2024
  
• Walmart stock falls as retailer warns on consumer spending

  Walmart says the U.S. consumer continued to exert caution with their spending in the face of inflation and rising rates, even as the retailer raised its forecast for sales.

  Consumer

  Nov 16, 2023
  
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• Walmart tops profit expectations amid strong grocery demand

  Walmart raised its full-year forecasts and beat second-quarter sales and profit estimates, citing strong demand for its low-priced groceries and health and wellness products.

  Money

  Aug 17, 2023
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• Walmart tops earning expectations as shoppers seek bargains on essentials

  Walmart raised its annual sales and profit targets on Thursday as shoppers sought bargains on essentials such as groceries amid high inflation.

  Money

  May 18, 2023
• Walmart economic outlook uncertain as consumers remain cautious on spending

  Walmart Inc struck a cautious note in its economic outlook for 2023 on Tuesday as the retail bellwether forecast full-year earnings below estimate

  Economy

  Feb 21, 2023
• Walmart sales rise as consumers look to stretch their dollar amid high inflation

  Amid high inflation, investors have been nervously eyeing how consumer spending pans out during the holiday season, when retailers make more than a third of their annual profits.

  Money

  Nov 15, 2022
• Walmart forecasts smaller profit drop this year as discounts stimulate demand

  Sales at Walmart's U.S. stores open for at least a year rose 6.5 per cent due to higher prices and an easing of fuel inflation, and beat its prior forecast for a six per cent gain.

  World

  Aug 16, 2022
• Walmart cuts outlook over inflation pains, sending shockwaves through Wall Street

  Walmart shares dropped nearly eight per cent after the retail giant cut its profit outlook for the year, citing lower discretionary spending amid inflation.

  Economy

  Jul 26, 2022
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• Walmart’s profit takes a hit as fuel, labour costs rise

  Shares of Walmart fell eight per cent in morning trading Tuesday, its biggest one-day percentage drop since March 2020.

  Money

  May 17, 2022