Walmart published Q3 Earnings on November 15th, 2022 surpassing the updated guidance they provided in Q2. The company’s Q3 results showed stronger topline results, with a bottom line that is starting to improve.
Walmart’s stock rose more than $10 per share (7.6%) in the hours following market open, indicating investor confidence in the retailer’s performance. On the call, leaders repeatedly emphasized that they will begin working with suppliers to reduce prices across the box.
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