Walmart's Q3 Sales Were Weak

RELATED QUOTES

SymbolPriceChange
WMT71.44+0.13

Walmart just announced its Q3 financial results.

Click here for LIVE updates >

The big box retailer reported earnings of $1.08 per share, which was slightly better than the $1.07 per share expected by analysts.  This was up from $0.97 in the same quarter a year ago.

Revenue was a bit light, coming in at $113.9 billion versus estimates for $114.9 billion.

U.S. comparable store sales excluding gas climbed 1.7 percent.  Analysts were looking for a 2.3 percent gain.

Bloomberg reports that management raised the low end of their earnings guidance range.  They now expect to earn $4.88-$4.93 per share for the full year.  However, the analysts were looking for $4.94 per share.



More From Business Insider

--

Get stories like this on the Yahoo app and discover more every day.
Download it now.
Loading...
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.116-0.003-2.52%
    N21.SI
    0.32+0.01+3.23%
    5OT.SI
    4.05+0.03+0.75%
    Z74.SI
    0.335+0.020+6.35%
    1A0.SI
    0.355-0.005-1.39%
    E5H.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.29+0.04+18.37%
    PA3.SI
    0.189+0.023+13.86%
    AWS.SI
    0.20+0.01+3.09%
    BLZ.SI
    0.205+0.014+7.33%
    5UZ.SI
    0.525+0.035+7.14%
    BHU.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.33-0.06-15.38%
    43A.SI
    0.15-0.01-8.54%
    UV1.SI
    0.43-0.03-7.53%
    E8Z.SI
    0.12-0.01-6.98%
    5TR.SI
    0.69-0.05-6.12%
    BTE.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3636+0.0015+0.11%
    USDSGD=X
    1.5214+0.0018+0.12%
    EURSGD=X
    1.7932+0.0036+0.20%
    GBPSGD=X
    75.7090-0.08-0.11%
    SGDJPY=X
    5.6867-0.0044-0.08%
    SGDHKD=X
    2.9936+0.004+0.13%
    SGDMYR=X
    9,747.3789-20.1504-0.21%
    SGDIDR=X
    4.8972-0.003-0.06%
    SGDCNY=X
    1.0281+0.0045+0.44%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,312.80+1.40+0.11%
    GCZ16.CMX
    18.70+0.08+0.42%
    SIU16.CMX
    90.17-1.67-1.82%
    ^XAU
    2.070.00+0.05%
    HGU16.CMX
    44.92+0.22+0.49%
    CLV16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.180.00
    ^FVX
    1.570.00
    ^TNX
    2.230.00
    ^TYX