Walmart (WMT)

Walmart, the world’s largest retailer, said Thursday its third-quarter profit rose 3.2 percent to $3.24 billion, or 84 cents a share, from $3.14 billion, or 80 cents, a year earlier. Net sales increased 1.1% to $98.67 billion and would have risen 3.8% excluding currency changes.
Profits, which topped estimates,were helped by inventory management, and the company forecast sales for the fourth quarter would be little changed. Q3 sales were below analyst expectations.

Nov 12 · 9:36:00 AM · Source: Company News
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by Larry Etter