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Walmart Market Share Surges As Six-Figure Income Households Drive 75% Of Growth In Q3: 'People Come To Us To Shop As A Primary Destination'

Summary

Walmart reported Q3 results, beating estimates and raising guidance. Sales up 5.5%, gross margin up 21 bps, operating income up 8.2%.

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Article published on November 20, 2024 by benzinga

    Walmart Market Share Surges As Six-Figure Income Households Drive 75% Of Growth In Q3: 'People Come To Us To Shop As A Primary Destination' | WMT Stock News | Candlesense