Walmart Releases Q3 FY24 Earnings

*Strong revenue growth of 5.2% with strength across segments
*eCommerce up 15% globally
*GAAP EPS of $0.17; Adjusted EPS of $1.531
*Consolidated revenue of $160.8 billion, up 5.2%, or 4.3% in constant currency1.
*Consolidated operating income was up $3.5 billion, or 130.1%, adjusted operating income up 3.0%1.

“We had strong revenue growth across segments for the quarter, and we’re excited to get an early start to the holiday season. From a Thanksgiving meal that costs less than last year, to great prices on fashion, toys, electronics, and seasonal decorations, we’re here to help families from around the world make this a special time. Looking ahead, our inventory is in good shape, the teams are focused, and our associates are ready to serve our customers and members whenever and however they want to be served.” Doug McMillon President and CEO, Walmart
details at: https://corporate.walmart.com/news/2023/11/16/walmart-releases-q3-fy24-earnings

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