So, the non-bar payrolls number coming in at 119,000. 119,000. The estimate was 50,000.Private sector jobs coming in at 97,000. The estimate was 50. Factory jobs, we saw a loss of 6,000. Government jobs, a gain of 22,000.Average work week, all private workers, 34.2% hours. Average hourly earnings annually up 3.8%. Little bit better than expected.Average hourly earnings month-to-month up2%. The unemployment rate 4.4%. The unemployment rate 4.4% the estimate was 4.3%. Again, non-farm 119,000 the estimate was ...

Core Insights - Walmart reported third-quarter fiscal 2026 results, surpassing expectations for both revenue and earnings [1] Financial Performance - The company achieved better-than-expected results, indicating strong operational performance [1]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Hello and welcome to morning brief market sunrise. I'm Ramzan Karali live from Yahoo Finance Studios in London. It's Thursday 20th November.Coming up on the show, the Nvidia effect. Its earnings have given tech stocks a supercharge. Investor focus now turns to the latest jobs report.Will it give the green light for a rate cut. and I'll bring you the earnings live on the show from the world's biggest retailer, Walmart. So, grab your coffee and let's own the morning.It's all about Nvidia this morning. It incr ...

Financial Data and Key Metrics Changes - Overall sales grew by 5.9% in constant currency, with adjusted operating income increasing by 8% [7][17] - E-commerce sales increased by 27%, with each segment delivering growth above 20% [7][18] - Adjusted EPS rose nearly 7% to 62 cents [24] Business Line Data and Key Metrics Changes - International segment sales increased by 11.4% in constant currency, with adjusted operating income growing by 16.9% [8][22] - Walmart US comp sales grew by 4.5%, with e-commerce up by 28% [9][18] - Sam's Club US comp sales increased by 3.8%, driven by transaction counts [10][21] Market Data and Key Metrics Changes - E-commerce sales in China grew by over 30%, reflecting strong performance in digital retail [20] - Membership income increased by 17% across the enterprise, with notable growth in international markets [23][24] - Inflation in Walmart US was reported at 1.3%, with food and general merchandise seeing low single-digit increases [11][52] Company Strategy and Development Direction - The company is focused on leveraging technology and AI to enhance customer experience and operational efficiency [14][24] - Walmart is transitioning to NASDAQ to align with its tech-powered strategy [29] - The strategy emphasizes everyday low prices while enhancing convenience through physical and digital assets [17][24] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the holiday shopping season, indicating a strong start to Q4 [44][45] - There are concerns about spending moderation in lower-income cohorts, but overall business remains consistent [76][77] - The company is raising its guidance for full-year sales growth to between 4.8% and 5.1% [27][28] Other Important Information - The company reported a non-cash charge of approximately $700 million related to its PhonePe subsidiary [25] - Year-to-date operating cash flow reached $27 billion, up $4.5 billion compared to last year [26] Q&A Session Summary Question: Will Agentic supercharge Walmart's e-commerce growth? - Management highlighted the advantages of Walmart's broad assortment and delivery speed, emphasizing the role of technology in enhancing customer experience [35][36] Question: How is the consumer expected to perform over the holiday? - Management indicated a consistent environment with optimism for holiday shopping, despite some moderation in lower-income spending [44][45] Question: What are the constraints to Walmart Plus membership growth? - Management noted that delivery speed and customer satisfaction are key drivers, with recent improvements in delivery times contributing to membership growth [47][48] Question: How has inflation impacted pricing strategies? - Management reported low inflation rates and effective inventory management, allowing for flexibility in pricing without significant markdowns [52][53] Question: How is the company managing tariffs and their impact? - Management indicated that the impact of tariffs has been less than expected, with effective inventory and pricing strategies mitigating costs [60][62]

Financial Data and Key Metrics Changes - Sales grew 5.9% overall in Constant Currency, with Adjusted Operating Income increasing by 8% [7][17] - Consolidated Revenue in Constant Currency increased by 6%, or more than $10 billion, driven by E-commerce momentum with 27% growth [17][18] - Adjusted EPS was slightly better than expected, up nearly 7% to 62 cents [24] Business Line Data and Key Metrics Changes - Walmart U.S. comp sales grew 4.5%, with E-commerce sales up 28% and marketplace sales growth of 17% [9][10] - International segment sales increased by 11.4% in Constant Currency, with Adjusted Operating Income growing 16.9% [8][20] - Sam's Club U.S. comp sales increased by 3.8%, driven by transaction counts and gaining market share in Grocery and General Merchandise [10][21] Market Data and Key Metrics Changes - E-commerce sales for International were up 26%, with significant contributions from Flipkart in India [8][20] - In China, E-commerce sales increased by over 30%, reflecting ongoing strength at Sam's Club [20] - Membership income increased by 17% across the enterprise, with notable growth in international markets [23] Company Strategy and Development Direction - The company is focused on innovating and executing to deliver greater sales, margins, and returns, leveraging technology and AI for efficiency [16][24] - Walmart is enhancing its omnichannel retail strategy by integrating automation and AI to create smarter, faster, and more connected experiences for customers [29] - The leadership transition is aimed at continuing the company's growth trajectory, with a strong emphasis on customer service and value [30] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the holiday shopping season, indicating a strong start and consistent consumer behavior [44][76] - The company is monitoring inflation and consumer spending, particularly among lower-income households, but remains confident in its value proposition [11][77] - Guidance for full-year sales growth has been raised to between 4.8% and 5.1%, reflecting confidence in continued share gains [27] Other Important Information - The company announced its stock listing will move to NASDAQ, aligning with its tech-powered strategy [29] - A non-cash charge of approximately $700 million related to the PhonePe subsidiary in India was noted, impacting GAAP results [25] Q&A Session Questions and Answers Question: Will Agentic supercharge Walmart's e-Com growth? - Management highlighted the advantages of Walmart's breadth of assortment, delivery speed, and everyday low prices as key factors for e-commerce growth [35] Question: How is the consumer expected to perform over the holiday? - Management indicated that the consumer environment feels consistent, with optimism for holiday shopping based on early indicators [44] Question: What are the constraints to Walmart Plus membership growth? - Management noted that delivery speed and customer satisfaction are driving membership growth, with ongoing improvements in logistics [47][48] Question: How has inflation impacted pricing strategies? - Management reported inflation in the low 1% range and emphasized disciplined inventory management to maintain margins [51][52] Question: How is the company managing tariffs and their impact? - Management stated that the impact of tariffs has been less than expected, with effective inventory management and pricing strategies mitigating costs [60][62]

Financial Data and Key Metrics Changes - Overall sales grew by 5.9% in constant currency, with adjusted operating income increasing by 8% [6][17][24] - E-commerce sales increased by 27%, marking the seventh consecutive quarter of growth above 20% [6][18][22] - Adjusted EPS rose nearly 7% to 62 cents [24] Business Line Data and Key Metrics Changes - Walmart International saw a sales increase of 11.4% in constant currency, with adjusted operating income growing by 16.9% [7][24] - Walmart US achieved comp sales growth of 4.5%, with e-commerce growing by 28% [9][18] - Sam's Club US reported comp sales growth of 3.8%, driven by transaction counts and digital engagement [10][20] Market Data and Key Metrics Changes - E-commerce sales for International increased by 26%, with significant contributions from Flipkart in India [8][19] - In China, e-commerce sales grew by over 30%, reflecting strong performance at Sam's Club [19] - Membership income increased by 17% across the enterprise, with notable growth in international markets [22][24] Company Strategy and Development Direction - The company is focused on leveraging its omnichannel model and diversified profit streams to drive growth [17][24] - Investments in technology and AI are aimed at enhancing customer experience and operational efficiency [13][24] - The company plans to continue its strategy of everyday low prices while improving delivery speed and convenience [19][49] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to grow profits faster than sales despite economic pressures [17][28] - The consumer environment remains dynamic, with some moderation in spending observed among lower-income households [60][61] - The company is optimistic about the holiday shopping season based on early indicators from back-to-school and Halloween sales [39][60] Other Important Information - The company announced a leadership transition, with John Furner set to become CEO on February 1, 2026 [2][4] - Walmart will be moving its stock listing to NASDAQ, aligning with its tech-powered strategy [29] Q&A Session Summary Question: Will Agentic supercharge Walmart's e-commerce growth? - Management highlighted the advantages of Walmart's broad assortment and delivery speed, emphasizing the potential of Agentic AI to enhance customer experience [31][32] Question: What are the constraints to accelerating Walmart Plus membership growth? - Management noted that delivery speed and customer satisfaction are key drivers, with recent improvements in delivery times contributing to membership growth [40][41] Question: How is the company managing inflation and pricing strategies? - Management indicated that inflation is being managed effectively, with inventory levels well-positioned to maintain margins and minimize markdowns [44][45] Question: What is the outlook for operating leverage in Q4? - Management expressed optimism about achieving operating leverage, driven by improved supply chain efficiencies and cost management [46][47] Question: How is the company addressing tariff impacts? - Management reported less impact from tariffs than anticipated, with effective inventory and pricing strategies helping to mitigate costs [50][51]

Financial presentation 1 For relevant non-GAAP reconciliations, see Q4 FY25 earnings release furnished on Form 8-K on February 20, 2025. cc = constant currency 2 Total revenues to accompany management commentary FY26 Q3 Guidance The following forward-looking statements reflect the Company's expectations as of November 20, 2025, and are subject to substantial uncertainty. The Company's results may be materially affected by many factors, such as fluctuations in foreign currency exchange rates, changes in glob ...

Shares of Walmart took a hit in early Thursday trading, after the big-box retail behemoth beat Wall Street's forecasts for overall third-quarter profit and sales but saw a disappointing performance at... ...

Even in challenging times, Walmart continues to deliver solid results. The retail giant posted strong sales for the third quarter, with a 4.5% increase in same-store sales, beating analysts' expectations. Its e-commerce division saw a 27% increase during the quarter. "We're gaining market share, improving delivery speed, and managing inventory well. We're well-positioned for a strong finish to the year and beyond that, thanks to our associates," outgoing CEO Doug McMillon said. McMillon is set to retire ...