Wal-mart (WMT) Tops Q2 EPS by 1c, Q3 EPS Guidance Comes in Light
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Walmart U.S. Q2 comps grew 1.8% and Walmart U.S. eCommerce GMV grew 67%, Company reports Q2 FY18 GAAP EPS of $0.96; Adjusted EPS of $1.08
August 17, 2017 7:01 AM EDTTotal revenue was $123.4 billion, an increase of $2.5 billion, or 2.1%. Excluding currency, total revenue was $124.4 billion, an increase of $3.5 billion, or 2.9%. Walmart U.S. comp sales increased 1.8% with traffic growth of 1.3%, marking the twelfth consecutive quarter with positive comp sales. E-commerce growth at Walmart U.S. remained strong, led by organic growth through Walmart.com. Net sales and GMV grew 60% and 67%, respectively, as customers continued to respond well to new initiatives and an expanded assortment of more than 67 million SKUs. Net sales at Walmart... More
