UBS Cuts Price Target on Wal-mart (WMT) to $75 Following 2Q16
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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... MoreSam’s Club Set to Open in Apopka Thursday
August 17, 2015 4:29 PM EDTCompany kicks off grand opening by giving $25,000 to local nonprofits
APOPKA, Fla.--(BUSINESS WIRE)-- Sams Club associates and managers will join with local residents and officials to open the companys newest location at 1500 S. Orange Blossom Trail in Apopka this Thursday, Aug. 20 following an 8 a.m. grand opening ceremony.
Its been a wonderful experience bringing more than 170 jobs to the community, said Club Manager Tony Street. Weve had a great talent pool to choose from and we hope to show the people of Apopka a level of member service they have never seen... More
