Walmart Boosts FullYear Guidance Following 38% Ads Growth
News Source : Adweek
News Summary
- $187.9 billion: Total revenue, representing a 5.9% lift year over year, and beating an S&P Capital IQ projection of $186.8 billion.
- 23%: Growth in global ecommerce sales from the same period last year.
- In the u.s., growth was 24%.
- $0.81:Adjusted earnings per share, outpacing Wall Street estimates of $ 0.74.
- Walmart closed its acquisition of self-serve connected TV platform Vibe.co earlier this month.
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