Walmart Saw Biggest Sales Month In Company History Last Year

February 23, 2023

Business

Walmart Saw Biggest Sales Month In Company History Last Year

NWA Daily

Walmart's FY23 Earnings Report revealed strong sales during the holiday season, with full-year sales up 6.7% compared to the prior year. 

  • Substantial numbers: Full-year revenue came in at $611b, with adjusted earnings per share at $6.29, both exceeding expectations. December was the biggest sales month in Walmart's history, led by food sales. 
  • Realistic forecast: With increasing interest rates and a shift in sales towards more budget-friendly options, the company expects a slowdown for the coming fiscal year. 

Read more from Talk Business & Politics HERE

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