Walmart delivers in Q4

Walmart Inc. (WMT) reported its latest financial results before the opening bell on Wall Street on Thursday.

World’s largest supermarket chain reported revenue of $152.871 billion (up by 0.5% year-over-year), narrowly beating analyst forecast of $151.72 billion.

Earnings per share reported at $1.52 vs. $1.50 per share expected.

Doug McMillon President and CEO commented on the latest results: ”We had another strong quarter to finish off a strong year. We have momentum in our business in all three segments. We’re being aggressive with our plans and executing on the strategy. It’s exciting to see how the teams are simultaneously navigating today’s challenges and reshaping our business.”

Walmart Inc. chart (Weekly)

Walmart shares up by 4.01% at the end of the trading day on Thursday at $138.33 per share.

Here is how the stock has performed in the past year –

• 1 Month: -1.66%
• 3 Month: -2.99%
• Year-to-date: -4.02%
• 1 Year: +0.89%

Walmart is the 18^th largest company in the world and 13^th biggest in the United States with a market cap of $385.23 billion.

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Sources: Walmart Inc., TradingView, CompaniesMarketCap