Walmart misses fourth-quarter earnings and guidance falls short of forecasts
Walmart WMT, +0.38% reported a rise in fourth-quarter net income as the retailing giant issued guidance that didn't meet analyst estimates. Walmart said its fiscal fourth-quarter ending Jan. 31 net income rose 12% to $4.14 billion, or $1.45 a share, as revenue rose 2.1% to $141.67 billion and U.S. comparable-store sales rose 1.9%. Excluding items including unrest in Chile, Walmart said it would've earned $1.38 a share. Analysts polled by FactSet expected earnings of $1.
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