Walmart's Earnings: Key Insights and Analyst Expectations

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Source: CNBC
Walmart's Earnings: Key Insights and Analyst Expectations
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TL;DR Summary

Walmart is set to report its fiscal third-quarter earnings, with analysts expecting earnings per share of 53 cents and revenue of $167.72 billion. As inflation eases and the holiday season approaches, Walmart's performance will provide insights into U.S. consumer sentiment. Despite challenges like potential tariffs and a shorter holiday season, holiday spending is projected to rise modestly. Walmart has benefited from its grocery and online sales, raising its full-year forecast, though its third-quarter earnings outlook fell short of investor expectations.

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