The giant retailer’s profits grew 9% in the third quarter to $3.4 billion. However, revenue disappointed analysts, mainly due to a small sales decline at Walmart U.S. operations. Still, the company raised its future earnings guidance.
Continue reading Walmart Earnings Meet Estimates, but Revenue Disappoints
Walmart Earnings Meet Estimates, but Revenue Disappoints originally appeared on DailyFinance on Tue, 16 Nov 2010 08:30:00.
Filed Under: Company News, Investing, Earnings, Wal-Mart Stores, Retail, Stocks in the News