2:08 p.m. ET -- Walmart Inc. is one of the most talked about companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Walmart earlier Tuesday said second-quarter net income rose to $5.15 billion, or $1.88 a share, from $4.28 billion, or $1.52 a share, in the prior-year period. Adjusted earnings per share were $1.77 and revenue rose 8.4% to $152.86 billion. The retailer said it expects third-quarter sales growth of 5% and sales growth of 5.5% for fiscal year 2023. Adjusted earnings per share are seen declining 9% to 11% for both the third quarter and year. Dow Jones & Co. owns Factiva. (jennifer.tershak@wsj.com)

 

(END) Dow Jones Newswires

August 16, 2022 14:23 ET (18:23 GMT)

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