Walmart expects higher profit

» Published: August 15 2024

Walmart expects higher profit
Photo: Eduardo Munoz Alvarez AP/TT

American retail giant Walmart reports an adjusted operating profit for the second quarter of $7.9 billion. This is higher than the $7.7 billion that analysts had expected, according to Bloomberg's compilation.

Sales landed at $169.3 billion, an increase of 4.8 percent compared to the same period last year.

The company is now raising its profit forecast for the full year. The stock is rising in pre-trading on Wall Street.

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By TTThis article has been altered and translated by Sweden Herald

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