KBHB BIG 81
LISTEN LIVE
-
KBHB ON DEMAND
facebook


Earnings Report-Wal Mart

Earnings Report-Wal Mart

Walmart sales strong, both online and in stores


The Associated Press - November 15, 2018

BENTONVILLE, Ark. - Walmart is reporting surging online sales, strong performances at established stores, and it's raising profit expectations for the year heading into the holiday shopping season.

The company on Thursday posted third-quarter earnings of $1.71 billion, or 58 cents per share. Earnings, adjusted for non-recurring costs, came to $1.08 per share, which is 6 cents better than expected, according to a survey by Zacks Investment Research.

The world's largest retailer posted revenue of $124.89 billion, about in line with forecasts.

Walmart Inc. says it now expects full-year earnings in the range of $4.75 to $4.85 per share.



kbhbradio.com
Phone number: 605-347-4455
E-mail: [email protected]
Address: 1612 Junction Avenue, Suite #1
Sturgis, SD 57785
  BIG 81 ON FACEBOOK
  WEATHER
  MARKET NEWS
.