WMT Walmart Inc

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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