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Shares of Walmart recently traded at about 25 times expected earnings, up from a 10-year average valuation of about 20, suggesting investors expect strong profit growth, according to LSEG data.
Walmart (NYSE: WMT) stock gained 13% in November according to data from S&P Global Market Intelligence. It reported strong third-quarter earnings amid a challenging operating environment.
The roof of a Walmart in Lodi caught fire Saturday forcing shoppers to evacuate the store and leading to its temporary closure. Lodi firefighters were notified of the blaze just before noon, said ...
Looking ahead to the second quarter, Walmart said it expects revenue growth of 3.5% to 4.5%, operating income of 3% to 4.5%, and adjusted earnings per share of $0.62 to $0.65, which compares to ...
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Here's where Walmart stands compared to its guidance offered in mid-May: Second Quarter Net sales Growth: +7.5% (+5% previously) Second Quarter Operating Income: -13% to -14% (flat to up slightly)
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