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Wal-Mart Delivers Strong 3Q Sales Growth

Wal-Mart Delivers Strong 3Q Sales Growth

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Walmart reported strong earnings, surpassing estimates with $1.00 per share and 2.7% comp sales growth. The company adjusted its full-year earnings outlook and showed resilience in the retail market, with a 30% year-to-date increase. Strategic moves like acquiring jet.com have bolstered its online presence, defying market trends and contributing to a solid quarter.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Walmart's earnings per share compared to the estimates?

$1.02

$0.95

$1.00

$0.98

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did Walmart's stock increase following the news?

1%

1.5%

0.5%

2%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the year-to-date increase in Walmart's stock?

20%

25%

30%

35%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which acquisition helped Walmart turn things around online?

eBay

Amazon

Alibaba

jet.com

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the comparable sales growth for Walmart in the third quarter?

2.5%

2.0%

3.0%

2.7%

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