UPDATE: Walmart (WMT) PT Raised to $155 at JPMorgan
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Walmart Announces Nationwide Opioid Settlement Framework
November 15, 2022 7:10 AM ESTBENTONVILLE, Ark.--(BUSINESS WIRE)-- Walmart announced today it has agreed to a $3.1 billion nationwide opioid settlement framework designed to resolve substantially all opioid lawsuits and potential lawsuits by state, local, and tribal governments, if all conditions are satisfied.
Walmart believes the settlement framework is in the best interest of all parties and will provide significant aid to communities across the country in the fight against the opioid crisis, with aid reaching state and local governments faster than any other nationwide opioid settlement to date, subject to satisfying all settlement requirements.
Walmart is proud of our... More
Company delivers strong revenue growth of 8.7% with strength across segments; Q3 FY23 GAAP EPS of ($0.66); Adjusted EPS of $1.50; Company raises full-year outlook on strong results for Q3
November 15, 2022 7:08 AM ESTBENTONVILLE, Ark.--(BUSINESS WIRE)-- Walmart Inc. (NYSE: WMT):
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221114006112/en/
Third-quarter highlights:
Company delivered strong revenue growth globally, with strength in Walmart U.S., Sams Club U.S., Flipkart, and Walmex. Total revenue was $152.8 billion, up 8.7%, or 9.8% in constant currency. Walmart U.S. comp sales grew 8.2% and 17.4% on a two-year... More