American retail chain Walmart has published a report for the 2018-2019 fiscal year, which ended in late January. During the earnings period, the company recorded a drop in net profit by 32.4% to 6 billion 670 million dollars. At the same time, its revenue in the amount of 514 billion 405 million dollars showed an annual increase of 2.8%. The report for the fourth quarter showed a net profit growth 1.7 times to 3 billion 687 million dollars. Revenues amounted to 138 billion 793 million dollars, an increase of 1.9%. Walmart estimates that in the next fiscal year its capital expenditures will increase by $700 million to $11 billion.
HSBC reports 2019 annual profit, falls 33% short of forecasts13.02.2020
Chinese stocks drop as Hubei virus cases reports double up13.02.2020
Stocks climb as market appetite improves over lowest reported new virus cases11.02.2020
China’s inflation rate rises following Lunar New Year and virus outbreak