Walmart shares were rising by more than 3% before the bell after the company posted top-and-bottom-line beats for second quarter. Earnings of $1.07 a share on sales of $120.85 billion surpassed Wall Street’s sales estimates $120.3 billion and earnings per share of $1.02. The retailer also unveiled plans to hike full-year EPS guidance to $4.15 to $4.25, up from the previous outlook of $4.00 to $4.30. CEO Doug McMillon said in a statement, “We remain focused on building e-commerce capabilities globally and executing our omnichannel plan, as evidenced by our recent alliance with JD.com in China and agreement to acquire Jet.com in the U.S.”
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