Walmart's Q3 Sales Were Weak

RELATED QUOTES

SymbolPriceChange
WMT71.31-0.40

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...

Explore Related Contents

 
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
    0.225-0.045-16.67%
    N21.SI
    0.135+0.004+3.05%
    41F.SI
    0.191-0.007-3.54%
    40F.SI
    0.180.00-2.70%
    40E.SI
    0.1060.0000.00%
    5WA.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.60+0.28+87.50%
    AWC.SI
    0.48+0.17+54.84%
    BCD.SI
    0.35+0.08+29.63%
    BQO.SI
    0.515+0.065+14.44%
    T55.SI
    0.155+0.019+13.97%
    BKZ.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.225-0.045-16.67%
    N21.SI
    0.215-0.040-15.69%
    AWI.SI
    0.138-0.017-10.97%
    1C0.SI
    0.11-0.01-9.84%
    BRR.SI
    0.575-0.055-8.73%
    600.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.4030-0.0045-0.32%
    USDSGD=X
    1.4892+0.0003+0.02%
    EURSGD=X
    1.7626-0.0039-0.22%
    GBPSGD=X
    79.9600-0.102-0.13%
    SGDJPY=X
    5.5293+0.0185+0.34%
    SGDHKD=X
    3.1629+0.0003+0.01%
    SGDMYR=X
    9,480.4639-43.8711-0.46%
    SGDIDR=X
    4.8937+0.0159+0.33%
    SGDCNY=X
    1.0788-0.0067-0.62%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,258.10+6.70+0.54%
    GCJ17.CMX
    18.30+0.18+0.98%
    SIH17.CMX
    89.61-0.30-0.34%
    ^XAU
    2.67+0.02+0.60%
    HGK17.CMX
    54.03-0.42-0.77%
    CLJ17.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.88-0.03
    ^FVX
    2.39-0.03
    ^TNX
    3.02-0.01
    ^TYX