Walmart is posting another quarter of same-stores sales growth and profits topped Wall Street expectations.

The company on Thursday reported first quarter net income of $3.84 billion, or $1.33. Earnings, adjusted for non-recurring gains, came to $1.13 per share. That beat per-share earnings projections by 11 cents, according to a survey of industry analysts by Zacks Investment Research.

The world’s largest retailer had revenue of $123.93 billion, missing forecasts for $125.33 billion.

FILE - In this April 24, 2019, file photo a Walmart associate arranges items on a shelf at a Walmart Neighborhood Market in Levittown, N. (AP Photo/Mark Lennihan, File)
FILE – In this April 24, 2019, file photo a Walmart associate arranges items on a shelf at a Walmart Neighborhood Market in Levittown, N. (AP Photo/Mark Lennihan, File)

Walmart Inc., based in Bentonville, Arkansas, stuck to its outlook for the year.

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FILE - In this Nov. 9, 2018, file photo Walmart associate Javaid Vohar, right, checks out customers at a Walmart Supercenter in Houston. (AP Photo/David J. Phillip, File)
FILE – In this Nov. 9, 2018, file photo Walmart associate Javaid Vohar, right, checks out customers at a Walmart Supercenter in Houston. (AP Photo/David J. Phillip, File)

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