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Walmart tops quarterly expectations

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Walmart reported profits and revenue that topped analysts' expectations for the company's fiscal third quarter.

Adjusted earnings per share came to 62 cents, two cents above expectations. Revenue of $179.5 billion topped analysts' projections of $177.4 billion.

The company now expects full-year net sales to rise by 4.8% to 5.1%, up from a previous expected range of 3.75% to 4.75%.

Read more from CNBC.

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