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Share Name Share Symbol Market Type
Walmart Inc NYSE:WMT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.34 0.93% 146.03 146.49 144.80 144.80 4,712,598 20:54:22

Walmart Says Foreign Currency Boosted Sales -- Currency Comment

17/08/2021 7:13pm

Dow Jones News


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By Paulo Trevisani

 

Walmart Inc. said Tuesday currency exchange rates boosted sales in its fiscal second quarter.

Walmart International reported net sales of $23 billion, which was 15.2% lower than a year earlier due to the negative impact from divestitures, but partially offset by a $2.4 billion gain from exchange rates.

The Bentonville, Ark. retailer said total revenue in the quarter ended July 31 was $141 billion, up 2.4% from a year earlier. Excluding currency, total revenue would have increased only 0.6% to $138.6 billion, Walmart said.

 

Write to Paulo Trevisani at paulo.trevisani@wsj.com

 

(END) Dow Jones Newswires

August 17, 2021 14:06 ET (18:06 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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