The Most Important Thing to Stop the Bloodletting in Wal-Mart (WMT) Stock
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Walmart reports Q2 FY 16 EPS of $1.08, updates guidance
August 18, 2015 7:02 AM EDTWalmart U.S. delivered 1.5% comps, and improved customer experience scores
Q2 diluted EPS from continuing operations was $1.08. Currency exchange rates negatively impacted EPS by approximately $0.04. Comp sales at Walmart U.S. increased 1.5%, driven by traffic of 1.3%. Neighborhood Market comps increased approximately 7.3%, with strong growth from new stores. Customer experience scores improved over last year. Total revenue was $120.2 billion. On a constant currency basis, total revenue was $124.5 billion. E-commerce sales globally increased approximately 16% on a constant currency basis. Gross merchandise value, or GMV, increased... More