Walmart stock rises after Q3 earnings, sales top expectations as company raises full-year forecasts

Walmart (WMT) reported third quarter profits and sales that topped forecasts on Thursday as the world's largest retailer continues to see growth in an uncertain consumer environment that has challenged some of its key rivals. The company reported adjusted earnings per share of $0.62, above the $0.60 that Wall Street analysts were expecting, according to data from Bloomberg. Revenue rose 6% from the prior year to $179.5 billion, above the $177.6 billion that had been expected. Same-store sales at its US b ...