Walmart’s earnings and sales exceeded forecasts, and the business increased its full-year guidance.

After beating Wall Street analysts’ forecasts for its fiscal first quarter, Walmart (WMT) increased its full-year guidance. Sales increased by roughly 8% during this quarter. Despite weak clothing and electronics sales, the large retailer’s groceries division enabled the corporation to achieve positive results. Following the publication of an increase in earnings and revenue, shares also … Continue reading Walmart’s earnings and sales exceeded forecasts, and the business increased its full-year guidance.