Walmart Trims Earnings Forecast To Include Impact From Flipkart Deal

In May, Walmart acquired Flipkart for $16 billion, its largest-ever deal, in order to compete with Amazon.com Inc in an important growth market.

Corporates | | Updated: October 16, 2018 17:14 IST
Walmart Trims Earnings Forecast To Include Impact From Flipkart Deal

In August, Walmart posted its best quarterly U.S. sales growth in a decade.