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Walmart's Q2 revenue and net income both exceeded expectations, and the full-year performance guidance has been raised.
Walmart's second-quarter revenue increased by 4.8% year-on-year, with adjusted EPS up 9.8% year-on-year. The CFO stated that consumers' financial situation did not deteriorate further.
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Walmart Q2 Earnings: E-commerce and Advertising Businesses Fuel Revenue And Profit Beat, Hikes Annual Guidance
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