By  on May 16, 2019

 

Walmart Inc. today posted stronger-than-expected earnings for the first quarter of fiscal 2020 with a 3.4 percent increase in U.S. same-store sales — the highest gain in the period in the U.S. in nine years — and earnings per share of $1.13, easily beating Wall Street analysts’ consensus estimate of $1.02 per share.

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