Walmart announced earnings per share of $1.77 on revenue of $152.86B. Analysts polled by Investing.com anticipated EPS of $1.63 on revenue of $150.93B.
Walmart shares are down 8% from the beginning of the year and are trading at $132.60 , down-from-52-week-high.They are outperforming the S&P 500 which is down 9.84% year to date.
Walmart follows other major Consumer Staples sector earnings this month
Walmart's report follows an earnings missed by Procter&Gamble on Friday, July 29, 2022, who reported EPS of $1.21 on revenue of $19.52B, compared to forecasts EPS of $1.22 on revenue of $19.4B.
Nestle ADR had matched expectations on Thursday, July 28, 2022 with third quarter EPS of $2.18 on revenue of $24.41B, compared to forecast for EPS of $2.18 on revenue of $23.59B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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