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Walmart expects a strong holiday season, and it's sending shares to their highest level all year (WMT)

Walmart expects a strong holiday season, and it's sending shares to their highest level all year (WMT)
Reuters



Walmart reported third-quarter fiscal 2020 earnings before market open Thursday.




Shares rose as much as 3.5% in early trading, setting up Walmart to open at its highest price this year.




Online sales and an updated full-year outlook drove the earnings beat.




Watch Walmart trade live on Markets Insider.




Walmart expects it will end the year with a strong holiday season and boosted its full-year earnings outlook when it reported its fiscal 2020 third-quarter earnings release before market open Thursday.
Shares rose as much as 3.5% on the news. If the rally holds, Walmart will open at its highest price so far this year.
Here's what Walmart reported, versus what analysts surveyed by Bloomberg expected:
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