Categories AlphaGraphs, Earnings, Retail
WMT Earnings: All you need to know about Walmart’s Q3 2024 earnings results
Walmart Inc. (NYSE: WMT) reported third quarter 2024 earnings results today.
Consolidated revenue increased 5.2% year-over-year to $160.8 billion. Revenue grew 4.3% in constant currency. Comparable sales grew 4.7%.
Consolidated net income attributable to Walmart was $453 million, or $0.17 per share, compared to a loss of $1.8 billion, or $0.66 per share, last year. Adjusted EPS was $1.53.
For fiscal year 2024, the company expects consolidated net sales to increase approx. 5.0-5.5% in constant currency. Adjusted EPS is expected to range between $6.40-6.48.
Revenue and earnings beat estimates but the guidance fell short of expectations causing the stock to fall 7% in premarket hours on Thursday.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
DG Earnings: All you need to know about Dollar General’s Q4 2024 earnings results
Dollar General Corporation (NYSE: DG) reported its fourth quarter 2024 earnings results today. Net sales increased 4.5% year-over-year to $10.3 billion. Same-store sales increased 1.2%. Net income of $191.2 million was
Adobe (ADBE) reports higher Q1 revenue, adjusted earnings
Adobe Inc. (NASDAQ: ADBE) on Wednesday reported an increase in revenue and adjusted profit for the first quarter of 2025. The numbers also exceeded Wall Street's expectations. The design software
Darden Restaurants likely to report higher sales and profit for Q3 2025
Despite rising costs and shifting consumer habits, Darden Restaurants, Inc. (NYSE: DRI) has maintained stable performance, reflecting the unwavering popularity of its brands and their ability to compete effectively in
