Walmart Reports Positive FX Impact on 3Q -- Currency Comment
November 16 2021 - 11:09AM
Dow Jones News
By Paulo Trevisani
Walmart Inc. said Tuesday that currency exchange rates had a
positive impact on third-quarter results.
The Bentonville, Ark., retailer reported net sales down 20%, to
$23.6 billion, in the Walmart International division.
"Changes in currency exchange rates positively affected net
sales by approximately $1.3 billion," Walmart said.
Total revenue was $140.5 billion, up 4.3%, the company said,
adding that the growth would have been lower, at 3.3% to $139.2
billion, without the currency impact.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
(END) Dow Jones Newswires
November 16, 2021 10:54 ET (15:54 GMT)
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