Wal-Mart Stores Misses
Wal-Mart Stores (WMT) reported 4th Quarter January 2017 earnings of $1.30 per share on revenue of $130.9 billion. The consensus earnings estimate was $1.29 per share on revenue of $131.0 billion. The Earnings Whisper number was $1.32 per share. Revenue grew 1.0% on a year-over-year basis.
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.
Walmart raises annual dividend to $2.04 per share, marking 44th consecutive year of dividend increases
The Board of Directors of Wal-Mart Stores, Inc. (WMT) approved an
annual cash dividend for fiscal year 2018 of $2.04 per share, an
increase of 2 percent from the $2.00 per share paid for the last fiscal
year. The fiscal year 2018 annual dividend of $2.04 per share will be
paid in four quarterly installments of $0.51 per share, according to the
following record and payable dates:
March 10, 2017
April 3, 2017
Aug. 11, 2017
Sept. 5, 2017
"Were proud of our track record of returning significant cash to
shareholders and to be increasing our annual dividend for the 44th
consecutive year," said Brett Biggs, executive vice president and chief
financial officer at Wal-Mart Stores, Inc.
In fiscal year 2017, Walmart returned $14.5 billion to shareholders in
the form of dividends and share repurchases.
Wal-Mart Stores, Inc. (WMT: NYSE) helps people around the world save
money and live better - anytime and anywhere - in retail stores, online,
and through their mobile devices. Each week, over 260 million customers
and members visit our 11,695 stores under 59 banners in 28 countries and
e-commerce websites in 11 countries. With fiscal year 2017 revenue of
$485.9 billion, Walmart employs approximately 2.3 million associates
worldwide. Walmart continues to be a leader in sustainability, corporate
philanthropy and employment opportunity. Additional information about
Walmart can be found by visiting http://corporate.walmart.com, on
Facebook at http://facebook.com/walmart and
on Twitter at http://twitter.com/walmart.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170221005825/en/
SOURCE: Wal-Mart Stores, Inc.
Randy Hargrove, 800-331-0085
Steve Schmitt, 479-258-7172