India, Feb. 20 -- Retail giant Walmart, Inc. (WMT) reported Thursday a profit for the fourth quarter that declined 4.4 percent from last year, but adjusted earnings grew from last year, reflecting improved gross margins and revenue growth. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. However, the retailer provided weak outlook for the first quarter and for the full-year 2025.
Shares of the retailer are down $8.55 or 8.22 percent to $95.45 in pre-market trading on the NYSE.
"Our team finished the year with another quarter of strong results. We have momentum driven by our low prices, a growing assortment, and an eCommerce business driven by faster delivery times. We're gaining market share, our top ...