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Benzinga
Benzinga
Business
Henry Khederian

Walmart Stock Is Up 13% Over The Past Month: What's Going On?

Walmart Inc (NYSE:WMT) shares are trading around their all-time high of $93.59 Wednesday morning on continued momentum after the company reported strong third-quarter results in November and an improved FY25 outlook. The stock is trading higher by some 13% over the trailing month.

The retail giant reported adjusted EPS of 58 cents, exceeding Wall Street’s 53 cent consensus. Revenue reached $169.59 billion, a 5.5% year-over-year increase (6.2% at constant currency), beating expectations of $167.72 billion.

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