Walmart has high net income at US $3.842 Bi in the quarter

São Paulo – Walmart reported that its net income increased to US $3.842 billion in the quarter ended April 30, an advance of 80% in relation to the result of US $2.134 billion in the same period of 2018. The adjusted earnings per share stood at US $1.13, higher than the US $1.02 prediction of analysts heard by FactSet. After disclosure, the company's share was 0.89% in the pre-market in new York, at 8:15 (from Brasilia). The retailer's revenue increased to US $123.925 billion in its first fiscal quarter, from US $122.690 billion previously, a 1% gain. On the other hand, operating revenues recorded a 4.1% decline in the same comparison, to US $4.945 billion.