WMT
$76.15
Wal-Mart Stores
$.13
.17%
Earnings Details
1st Quarter April 2017
Thursday, May 18, 2017 7:00:00 AM
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Summary

Wal-Mart Stores Beats

Wal-Mart Stores (WMT) reported 1st Quarter April 2017 earnings of $1.00 per share on revenue of $117.5 billion. The consensus earnings estimate was $0.96 per share on revenue of $117.5 billion. The Earnings Whisper number was $0.98 per share. Revenue grew 1.4% on a year-over-year basis.

The company said it expects second quarter earnings of $1.00 to $1.08 per share. The current consensus earnings estimate is $1.07 per share for the quarter ending July 31, 2017.

Wal-Mart Stores Inc, operates retail stores in various formats under various banners. Its operations comprise of three reportable business segments, Walmart U.S., Walmart International and Sam' Club in three categories retail, wholesale and others.

Results
Reported Earnings
$1.00
Earnings Whisper
$0.98
Consensus Estimate
$0.96
Reported Revenue
$117.54 Bil
Revenue Estimate
$117.51 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Walmart U.S. Q1 comps grew 1.4% and Walmart U.S. eCommerce GMV grew 69%, Company reports Q1 FY18 diluted EPS of $1.00

"We delivered a solid first quarter and we're encouraged by the start to the year. We're moving faster to combine our digital and physical assets to make shopping simple and easy for customers. Our plan is gaining traction, and I want to thank our associates for their hard work, ingenuity and commitment to our customers. Our customers have choices, and we have to earn their business with every interaction."

Doug McMillon
President and CEO, Walmart

  • Diluted EPS was $1.00, an increase of 2% over last year
  • Total revenue was $117.5 billion, an increase of 1.4%. Excluding currency, total revenue was $118.8 billion, an increase of 2.5%.
  • Walmart U.S. comp sales increased 1.4%, driven by a traffic increase of 1.5%. Comp traffic increased 3.0% on a two-year stacked basis.
  • E-commerce growth at Walmart U.S. was strong as sales and GMV increased 63% and 69%, respectively. The majority of this growth was organic through Walmart.com.
  • Net sales at Walmart International were $27.1 billion, a decrease of 3.5%. Excluding currency, net sales were $28.3 billion, an increase of 0.8%.
  • The company generated $5.4 billion in operating cash flow and returned $3.7 billion to shareholders through dividends and share repurchases


For the full press release, please go here