Walmart Inc. WMT, -0.63% shares rose 3% in Thursday premarket buying and selling after the retail big reported fourth-quarter revenue and gross sales that beat expectations and raised its dividend. Web revenue totaled $3.56 billion, or $1.28 per share, after a lack of $2.09 billion, or 74 cents per share, final yr. Adjusted EPS of $1.53 beat the FactSet consensus for $1.50. Income of $152.87 billion was up from $152.08 billion and forward of the FactSet consensus for $151.72 billion. E-commerce gross sales had been up 1% year-over-year, however soared 70% on a two-year stack. Walmart Worldwide gross sales had been down 22.6% to $27 billion, impacted by $10.1 billion on account of divestitures. Walmart U.S. comp gross sales, excluding gasoline, had been up 5.6% with transactions up 3.1% and common ticket up 2.4%. The FactSet consensus was for a U.S. comp gross sales enhance of 6%. For full-year 2023, Walmart is guiding for U.S. comp gross sales progress of barely above 3%, excluding gasoline, and EPS progress within the mid-single digits. The FactSet consensus is for U.S. comp progress of two.7% and EPS of $6.70, implying about about 4% progress. Walmart additionally raised its annual dividend about 2% to $2.24 per share for fiscal 2023. The primary installment of 56 cents per share will probably be paid on April 4 to shareholders of file as of March 18. Walmart inventory has tumbled 9.3% during the last yr whereas the Dow Jones Industrial Common DJIA, -0.16% has gained 10.5% for the interval.