Walmart (WMT) earnings Q4 2023


Customers exit a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early March, store employees will make between $14 and $19 an hour. 

Joe Raedle | Getty Images News | Getty Images

Walmart topped holiday quarter earnings expectations, as the discounter said it drew budget-conscious shoppers searching for food, gifts and household items at a lower price.

Shares were effectively flat Tuesday after the big-box retailer gave a weaker-than-expected outlook for the year ahead.

The company said it expects same-store sales for Walmart U.S. to rise between 2% and 2.5% excluding fuel, in the fiscal year ahead. That’s…

Source cnbc.com

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