Walmart's Positive Earnings Tempered by Cloudy Economic Outlook
The fiscal-year revenue target for 2026 expected to fall short of analysts' expectations
Walmart posted solid quarterly earnings, with revenue up 4.1 percent, to $180.6 billion. But, as expected, the big-box store was beat by Amazon, which earlier this month announced that fourth quarter net sales increased 10 percent, to $187.8 billion, eclipsing Walmart revenue-wise for the first time.
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