Walmart hikes annual profit forecast on steady demand, shares jump | Republic World

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Published 16:44 IST, August 15th 2024

Walmart hikes annual profit forecast on steady demand, shares jump

Walmart's shares are richly valued, trading at about 27 times forward earnings, up from its historical average valuation of about 22.

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Reported by: Thomson Reuters

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Walmart Raises Annual Forecast Amid Strong Holiday Shopping Season

Walmart annual forecast | Image: Wikimedia Commons

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16:44 IST, August 15th 2024