Stay updated with breaking news from Walmart Plus. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Walmart Inc. (NYSE:WMT) Q4 2024 Earnings Call Transcript February 20, 2024 Walmart Inc. beats earnings expectations. Reported EPS is $1.8, expectations were $1.65. Walmart Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings. Welcome to Walmart’s Fourth Quarter Fiscal […]
:max_bytes(150000):strip_icc()/GettyImages-1602297492-9911104051da4a4b9e0f2376944057ec.jpg)
Walmart projects stronger sales growth in 2024 but aims to grow income from new lines of business rather than price increases. Meanwhile, the retailer's acquisition of Vizio is part of an effort to grow its advertising revenue. Here's what we learned from the company's earnings call.
Walmart Share Price: Shares in the retail giant rose 6% to a record high of $180.31 in early trading after it also gave an upbeat annual sales forecast and announced a 9% rise in its dividend, the biggest increase in more than a decade.
Shares in the retail giant rose 6% to a record high of $180.31 in early trading after it also gave an upbeat annual sales forecast and announced a 9% rise in its dividend, the biggest increase in more than a decade.
Walmart announced Tuesday it is purchasing smart TV maker Vizio in a $2.3 billion acquisition aimed at boosting the retailer's growing advertising business.