Walmart Reports Q1 Earnings Beat, E-Commerce Sales Increase By 74%

Posted by Tanzeel Akhtar,

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Walmart Inc shares were trading higher premarket Tuesday after the retailer reported better-than-expected first-quarter EPS and sales results for fiscal year 2021.

Walmart posted adjusted earnings per share of $1.18, beating the analyst consensus estimate of $1.17. This is a 4.42% increase over earnings of…click for full article.