Tag: cap

Walmart market cap tops $500B post Q1 results

Shares of Walmart (WMT) are trading higher Thursday, boosted by the company’s first quarter earnings beat, which signaled consumer resilience on spending despite the strain on household budgets. Walmart’s market capitalization also surpassed the $500 billion mark on the heels of its earnings results. Yahoo Finance’s Josh Lipton and Julie Hyman discuss Walmart’s earnings, shedding […]

Walmart shares pop after earnings beat, surpasses $500 billion in market cap

Walmart (WMT) wowed Wall Street yet again, causing shares to jump about 6% in early trading Thursday. For its fiscal 2025 Q1, America’s biggest retailer posted revenue of $161.51 billion, higher than the $159.58 billion expected, while adjusted earnings per share also came in higher at $0.60, compared with estimates of $0.53. CEO Doug McMillion […]