00:00Walmart just posted a powerhouse earnings quarter, but the stock made a move you might not expect.
00:05Shares initially dipped after the release. However, after management spoke on the call,
00:10Walmart flipped hard into the green. And as of this morning, the stock is trading around $107,
00:16up nearly 7% in the past five days. So what actually happened? Walmart beat profit expectations
00:22with 62 cents adjusted EPS versus 60 that was expected. Revenue hit $179.5 billion, almost 6%
00:31higher year over year and above estimates. U.S. sales rose 5.1%, e-commerce jumped 27%,
00:38global advertising surged 53%, and membership income climbed 9%, including a 17% spike in fees.
00:47International sales were up 10.8%, powered by Flipkart, China, and Walmex. And Walmart raised
00:53its 2026 outlook across earnings, revenue growth, and operating income. Inflation? Walmart says it's
01:00now in the low 1% range, and the CEO says upper and middle income shoppers are driving U.S. growth.
01:06And in a major shift, Walmart is leaving the New York Stock Exchange and moving to NASDAQ on December
01:119th, keeping the ticker WMT. So bottom line, huge earnings, raised guidance, accelerating growth,
01:18and a stock breaking higher at $107. Walmart didn't just beat expectations, it blew them away.
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