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WMT
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2 days

Walmart reports revenue growth of 4.8%, up 5.6% in constant currency (cc)

1. Walmart's revenue rose 4.8%, fueled by strong eCommerce growth. 2. Advertising business increased 46%, positively impacting future earnings.

Earnings
-4.49%Current Return
VS
-0.4%S&P 500
$102.5708/21 07:21 AM EDTEvent Start
$97.9608/21 09:18 PM EDTLatest Updated
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FAQ

Why Bullish?

Strong revenue growth and eCommerce expansion are favorable. Historical performance shows that similar growth led to stock price increases.

How important is it?

The article highlights substantial revenue and eCommerce growth, which are crucial for WMT's market competitiveness and future performance.

Why Short Term?

Immediate revenue growth can impact stock prices in the upcoming quarter. Retail trends often show rapid response to sales growth.

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AMZNCOSTTGT
BENTONVILLE, Ark.--(BUSINESS WIRE)--Walmart Inc. (NYSE: WMT): Second Quarter Highlights: Revenue of $177.4 billion, up 4.8%, or 5.6% (cc) Global eCommerce sales grew 25%, led by store-fulfilled pickup & delivery and marketplace Global advertising business grew 46%, including VIZIO; Walmart Connect in the U.S. up 31% Membership and other income up 5.4%, including 15.3% growth in membership income globally Gross margin rate up 4 bps, led by Walmart U.S. Operating income decreased $0.7 billion.

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