Walmart (NYSE: WMT) reported third-quarter 2021 financial results before the regular trading hours on Tuesday. The department store chain reported Q3 revenue of $134.7 billion, up 5% year-over-year and higher than the Wall Street projection. Meanwhile, net income of $1.34 per share was much better than what analysts had anticipated.
WMT shares rose 1.5% immediately following the announcement. The stock has increased by 28% since the beginning of this year.
Earlier today, The Home Depot, Inc. (NYSE: HD) reported 23.2% year-over-year growth in Q3 net sales and a 24.1% increase in comparable sales. The stock, however, was trading in red following the announcement.
Video game retailer GameStop Corp. (NYSE: GME), which has become the talk of the town after the unprecedented stock rally in recent weeks, reported a narrower loss for the first
The steel industry managed to shrug off the pandemic blues earlier than expected as the recovery in industrial activity pushed up demand. With the vaccination drive and the government’s aggressive
Campbell Soup Company (NYSE: CPB) reported third-quarter 2021 earnings results today. Net sales decreased 11% year-over-year to $1.98 billion, as a result of lapping the demand surge at the onset