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May 16, 2024 · Revenue and earnings per share beat expectations, and Walmart says it’s making inroads with high-income shoppers. The company has been trying to lure them in with new, trendier products and ...
May 16, 2024 · The retailer said consumers from “upper-income households” helped it gain market share, reiterating a trend it has noted since Americans started navigating high inflation a couple of years ago.
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May 16, 2024 · Walmart Inc. shares surged on Thursday, pushing the retailer’s market value over $500 billion for the first time, after it posted stronger-than-expected first-quarter earnings and boosted its...
May 16, 2024 · May 16 (Reuters) - Walmart (WMT.N) raised its full-year forecast and reported better-than-expected quarterly results on Thursday, betting that easing inflation will drive stronger sales of...
5 days ago · Walmart is gaining market share amid rising inflation worldwide. Fool.com contributor Parkev Tatevosian elaborates on the latest developments at Walmart ( WMT 0.83%). *Stock prices used were the ...
May 16, 2024 · The company noted that it was gaining market share among higher-income households. Global e-commerce sales leaped 21%, boosted by store pickup and delivery as well as its online marketplace.
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- Brooke DiPalma
May 7, 2024 · Walmart currently trades at roughly 25 times consensus fiscal 2025 adjusted earnings per share. This represents a moderate premium to the broader market, which trades at close to 20 times forward...
