BENTONVILLE, Ark. ― Strong grocery sales in the U.S. helped Walmart to come out on top of expectations for its Q3 results. Net income rose to $3.29 billion, or $1.15 a share, compared with $1.71 billion ($0.58) a year ago. Overall revenues increased by 2.5% to $127.99 billion from $124.89 billion for the same period in 2018, missing estimates of $128.65 billion. U.S. same-store sales were up 3.2%, a greater increase than the forecast 3.1% hike.
Walmart earnings beat estimates
Most Recent
Most Read
TIMBER MART hosts buying show in Toronto
Fri, February 14th, 2025
JRTech adds “Well Made Here” designation to its electronic shelf tags
Fri, February 14th, 2025
Join Hardlines at DX3 Canada in Toronto
Fri, February 14th, 2025
Canadian Tire reports Q4 earnings jump
Thu, February 13th, 2025
TIMBER MART show kicks off today
Thu, February 13th, 2025
West Fraser shrinks its losses in 2024
Thu, February 13th, 2025
Ace Hardware enjoys record quarterly results
Thu, February 13th, 2025
Castle unveils estimating and design program
Thu, February 13th, 2025
Throwback Thursday: 25 years ago, RONA purchased Cashway
Thu, February 13th, 2025
Fake websites take advantage of Peavey closures
Wed, February 12th, 2025