Walmart Shares Surge on Stellar Quarterly Performance

The retail behemoth Walmart has delivered an exceptional quarterly report that exceeded market forecasts, demonstrating remarkable resilience amid challenging retail conditions. The company’s impressive results have propelled its stock to unprecedented levels, though questions remain about sustainability at these elevated valuations.

For the third quarter of 2026, Walmart reported adjusted earnings per share of $0.62, surpassing the $0.60 consensus estimate among market analysts. Revenue performance proved even more impressive, with total income advancing 5.8% to reach $179.5 billion. Most notably, net profit skyrocketed by 34.2% to $6.14 billion, highlighting significant improvements in operational efficiency across the corporation.

Revised Guidance Fuels Investor Confidence

In response to these stronger-than-anticipated results, management substantially raised its full-year Read more...