(Reuters) - Walmart Inc (N:WMT) said on Monday it sees a non-cash loss of about $2 billion after tax, in its fourth fiscal quarter due to a sale of a majority stake in Japanese supermarket chain Seiyu.
The retailer also said it does not expect a significant impact to earnings per share following the close of the sale to investment firm KKR (N:KKR) and e-commerce company Rakuten (T:4755). (https://
The deal was first announced late Sunday, Eastern time.