Walmart surges as non-food sales aid profit beat
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Walmart's shares rose over 3% in pre-market trading after the company reported better-than-expected third-quarter results, with a 5.5% increase in revenue and a 13.7% rise in adjusted per-share earnings. The company also raised its guidance.
November 19, 2024 | 1:15 pm
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Walmart's stock is up over 3% in pre-market trading due to strong Q3 results, with revenue increasing by 5.5% and adjusted EPS rising by 13.7%. The company also raised its guidance.
Walmart's better-than-expected earnings and revenue growth, along with raised guidance, are positive indicators for the stock, leading to a 3% increase in pre-market trading.
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