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Benzinga
Benzinga
Business
Adam Eckert

Why Walmart Shares Are Trading Higher Today

Walmart WMT NYSE Walmart Inc

Walmart Inc (NYSE:WMT) is trading higher Thursday after the company reported better-than-expected fiscal fourth-quarter financial results, issued guidance and updated its buyback plans.

Walmart reported quarterly revenue of $152.9 billion, which beat the $151.54 billion estimate. The company reported adjusted earnings of $1.53 per share, which beat the $1.50 estimate. 

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