Walmart Rallies After Earnings Beat as Nasdaq Move and CEO Handoff Take Shape

Overview

• Walmart reported fiscal Q3 revenue of $179.5 billion and adjusted EPS of $0.62, topping estimates and lifting full-year sales growth guidance to roughly 4.8%–5.1%.
• The stock jumped more than 6% on the day of the report, ranking among the S&P 500’s top performers, according to commentary cited by Insider Monkey.
• The company is shifting its stock listing from the New York Stock Exchange to Nasdaq following board discussions initiated under Doug McMillon.
• Longtime CEO Doug McMillon plans to step down, with leadership to pass to Walmart U.S. chief John Furner in February, as referenced in recent broadcast commentary.
• Commentators highlighted e-commerce growth of about 28% and broad strength across U.S., Sam’s Club, and international units, while noting the shares trade near 40 times earnings and tariff impacts appear less severe than feared.