Walmart Comparable-Store Sales Grow 9.2% in Q3
Walmart (NYSE: WMT) reported fiscal 2022 third-quarter earnings before the market opened on Tuesday. The results disappointed investors, and the stock price was down over 2% on the day of the announcement.
Even during normal economic times, it's a significant challenge successfully running a retail business that generates over $500 billion in annual sales. And these are anything but normal economic times. The coronavirus pandemic makes hiring people, managing supply chains, and getting customers in your stores difficult.
Given those less-than-ideal circumstances, it is actually impressive that Walmart still managed to increase sales.
Source Fool.com
