Archive · 20 Nov 2025
Walmart Boosts Outlook Amid Rising Costs, Shifts to Nasdaq
Walmart had a good quarter with more people shopping, both online and in stores.
They think they'll do even better this year than they thought before.
They're also moving their stock to the Nasdaq market.
But they're worried about higher costs in the future.
Walmart raises full-year sales forecast to 4.8% to 5.1%
U.S. comparable sales growth of 4.5% beats estimates of 3.8%
Adjusted earnings of 62 cents per share, not directly comparable to analyst estimates of 60 cents
Revenue of $179.5 billion beats forecasts of $177.4 billion
Walmart to move stock listing to Nasdaq from NYSE on Dec. 9
- Who
- Walmart Inc.
- What
- Raised full-year sales and profit outlook, reported Q3 results, announced Nasdaq stock transfer
- When
- November 2022
- Where
- United States
- Why
- Due to strong sales and customer demand, despite rising costs
Optimistic View
Cautious View
Stock Performance
Optimistic View
Stock up 11% YTD, outpacing Consumer Staples index
Cautious View
Stock down 1.9% in premarket trading, potentially due to earnings surprise
Earnings Comparison
Optimistic View
Adjusted earnings of 62 cents per share, though not directly comparable to estimates
Cautious View
Analyst estimates were 60 cents per share
- New annual net sales forecast range
- 4.8% to 5.1%
- Prior annual net sales forecast range
- 3.75% to 4.75%
- Q3 U.S. comparable sales growth
- 4.5%
- Prior Q3 comparable sales growth estimate
- 3.8%
- Walmart's stock listing move date
- December 9, 2022
