Walmart beats Q3 earnings

Walmart exceeds Q3 earnings estimates with adjusted earnings per share of $1.53.

Walmart's Earnings Beat

#8

Despite beating estimates, Walmart shares drop 7% due to a cautious holiday forecast.

Cautionary Outlook

#7

Walmart anticipates adjusted earnings of $6.40 to $6.48, slightly below analysts' expectations.

Forecast for the Year

#6

The company expects consolidated net sales to rise 5% to 5.5%, showing increased growth.

Sales Growth

#5

Inflation trends affect sales; relief expected for customers during the holiday season.

Inflation Impact

#4

Walmart anticipates a potential period of deflation, which could benefit customers.

Deflation Possibility

#3

Consumers lean into major promotions, impacting purchasing trends before and after sales events.

Consumer Spending Trends

#2

1. Walmart's Q3 net income rises to $453 million, with strong results in grocery and digital sales.

Q3 Performance

#1