Walmart Q3 Earnings Surpass Estimates

This is a Mexico news story, published by Yahoo Finance, that relates primarily to Brooke DiPalma news.

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sales growth

Yahoo Finance

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Walmart raises guidance after another strong earnings report ahead of the holiday season

Summary

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86% Informative

Sales of $169.59 billion topped analyst estimates for $167.5 billion .

Shares of Walmart rose over 4% in premarket trading on Tuesday .

E-commerce sales jumped 22% , while advertising unit Walmart Connect grew 26% .

Walmart signaled it sees the momentum continuing for the holiday shopping season .

International revenue grew 8.0% to $30.3 billion in Q3 , led by growth from Indian e-commerce firm Flipkart , which Walmart owns a majority stake in. Businesses in Mexico , known as Walmex , and China , reported strength from Sam's Club and e-commerce. — Brooke DiPalma is a senior reporter for Yahoo Finance . Follow her on Twitter at @BrookeDiPalma or email her at [email protected]..