SHARE

Walmart forecasts 8% first-quarter net income growth to $7.97bn

The retailer is forecast to report net income of approximately $7.97bn with revenue exceeding $174.8bn. Global ecommerce sales growth of 24% is expected to drive results despite rising fuel cost pressures.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.