MikeMozartJeepersMedia
Walmart's diluted earnings per share were $4.87, up from $4.75 a year earlier. Walmart's total revenue rose 2.4 per cent year-on-year to $572.754 billion.
The company reported consolidated net profit of $3.562 billion in the latest quarter of the fiscal, compared with a net loss of $2.091 billion a year earlier.
Diluted earnings per share were $1.28 after a loss of $0.74 a year ago. The company's total revenue for the fourth quarter rose 0.5% to $152.871 billion. Analysts had expected a figure of $151.74 billion.
The company expects comparable sales growth of more than 3% in 2022-2023 and capital expenditure to account for 2.5-3% of revenues.
Walmart shares are up 3.2% in pre-market trading.
source: cnbc.com
The company reported consolidated net profit of $3.562 billion in the latest quarter of the fiscal, compared with a net loss of $2.091 billion a year earlier.
Diluted earnings per share were $1.28 after a loss of $0.74 a year ago. The company's total revenue for the fourth quarter rose 0.5% to $152.871 billion. Analysts had expected a figure of $151.74 billion.
The company expects comparable sales growth of more than 3% in 2022-2023 and capital expenditure to account for 2.5-3% of revenues.
Walmart shares are up 3.2% in pre-market trading.
source: cnbc.com