Walmart $Wal-Mart(WMT)$ just released its report yesterday, let me highlights some key points here. Walmart, the global retail giant, has released its financial report for the fourth quarter of the 2023 fiscal year ending on January 31st. According to the data, Walmart's Q4 total revenue was $164.05 billion, a year-on-year increase of 7.3%, significantly higher than Wall Street's expected $159.72 billion. Under the Non-GAAP criteria, Walmart's Q4 adjusted earnings per share were $1.71, exceeding Wall Street's expected $1.51 and last year's $1.53. In addition, Walmart's Q4 net profit was $6.28 billion (GAAP earnings per share were $2.32), far higher than the $3.56 billion in the same period last year (GAAP earnings per share were $1.28). W
Focus on Q4 Earnings Season
The fourth-quarter earnings season will be challenging for the overall market and individual companies.