Core Insights - Walmart Inc. reported fiscal third-quarter earnings of $179.5 billion in revenue and $0.62 in adjusted earnings per share, surpassing analyst expectations [1] - The company raised its full-year sales growth guidance to a range of 4.8% to 5.1%, up from the previous estimate of 3.75% to 4.75% [1] - Walmart's CEO Doug McMillon announced his departure, with John Furner set to take over, prompting discussions about the company's turnaround under McMillon [1] Financial Performance - Fiscal third-quarter revenue: $179.5 billion [1] - Adjusted earnings per share: $0.62, exceeding analyst estimates [1] - Revised full-year sales growth guidance: 4.8% to 5.1% [1] Management Changes - CEO Doug McMillon will be succeeded by John Furner [1] - Discussions around the impact of McMillon's leadership on Walmart's turnaround [1] Market Position - Jim Cramer highlighted Walmart's resilience in the face of tariffs, contrasting its performance with that of Target, which is reportedly falling behind [2]
I Get Very Excited About Walmart (WMT) When I Hear About Tariffs Not Being Bad, Says Jim Cramer