Walmart (WMT) Sees FY19 EPS of $4.65-$4.80, Below Prior View
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Walmart Underscores Its Unique Assets, Strong Execution and Innovation at Its Investment Community Meeting
October 16, 2018 6:33 AM EDTThe company reiterates its FY19 total sales growth expectations and updates FY19 GAAP and adjusted EPS to include the expected 25 cents per share Flipkart dilution. FY19 GAAP EPS guidance is now $2.65 to $2.801, and FY19 adjusted EPS guidance is now $4.65 to $4.801. This compares to previous guidance of GAAP EPS of $2.90 to $3.05 and adjusted EPS of $4.90 to $5.05. Walmart expects total FY20 sales growth to be 3 percent or greater, negatively affected by about 100 basis points due to the deconsolidation of the Brazil... More
