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Walmart did better than expected at the end of 2022, but its forecast disappoints

2023-02-21T12:43:24.055Z


The American supermarket chain Walmart did better than expected during the holiday season, but its forecast for 2023 disappointed Wall...


U.S. supermarket chain Walmart did better than expected over the holiday season, but its 2023 forecast disappointed Wall Street as inflation weighs on consumer spending.

The group achieved a turnover of 164 billion dollars for the period ended January 31, the 4th quarter of its staggered fiscal year, significantly better than expected.

But he anticipates earnings per share of between $5.90 and $6.05 for the current fiscal year, below market expectations.

> > > More information to come.

Source: lefigaro

All business articles on 2023-02-21

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