Walmart Posts Strong Q3 Results, Boosts Full-Year Outlook

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Walmart had a strong third quarter. Sales grew to $179.5 billion, helped by very fast eCommerce growth of 27%. The company earned less on a GAAP basis because of a one-time charge at PhonePe, but adjusted profit increased, showing the business is performing well.



In the U.S., Walmart's sales and online orders grew solidly, and operating income increased. International sales also grew, though reported profit was lower because of the PhonePe charge. Sam's Club saw steady growth in sales, online shopping, and membership. Walmart also generated strong cash flow and managed inventory well. Because of the strong quarter, the company raised its full-year outlook for sales and profit.

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