Wal-Mart Stores Posts Fiscal Q2 Beat

Wal-Mart Stores Posts Fiscal Q2 Beat

Wal-Mart Stores reported financial results for fiscal Q2, with better-than-expected earnings and revenue; it also provided guidance for fiscal 2018 and Q3 in line with Street estimates. The retailer posted adjusted earnings of $1.08 per share, excluding one-time items, compared with the prior-year period’s $1.07 per share. Analysts polled by Capital IQ were expecting EPS of $1.07. Revenue was $123.36 billion, up from $120.85 billion in the same quarter last […]

Read More ˃