Walmart Q1 Comparable Sales Remain Resilient Amid Strong Customer Traffic
Walmart reported resilient comparable sales and strong customer traffic in the first quarter, despite issuing cautious guidance due to high gas prices. The company's non-GAAP earnings were in line with expectations at $0.66 per share, while revenue of $177.75 billion exceeded forecasts by $2.91 billion.
Tickers: $WMT
Topics: earnings retail revenue beat