Walmart reports $450 million in revenue, up from a $1.8 billion deficit the previous year

The biggest retailer in the world had a 5.2% growth in overall revenues of $160.8 billion year over year.

In August through October, Walmart made over $450 million in revenue, according to a financial results statement that was made public on Thursday.

For the three months that concluded on October 31, the US-based global retailer’s consolidated net income attributable came in at $453 million, marking a significant improvement over the nearly $1.8 billion in losses it had during the same period the previous year.

Over the same period, the world’s largest retailer reported a 5.2% year-over-year growth in overall revenues, rising from $152.8 billion to $160.8 billion.

Walmart’s stock price dropped more than 7.4% to $157.12 at 1:20 p.m. EDT on the New York Stock Exchange, despite the company’s good financial performance.