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Walmart U.S. Q2 Comps Grew 4.5% and Walmart U.S. eCommerce Sales Grew 40%, Q2 GAAP Net Loss Per Share of $0.29; Adjusted EPS of $1.29
Business Wire 16-Aug-2018 7:02 AM
Walmart Updates Guidance for FY'19 GAAP EPS to $2.90 to $3.05, ex.
Flipkart
Walmart Raises Guidance for FY'19 Adjusted EPS to $4.90 to $5.05, ex.
Flipkart
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Total revenue was $128.0 billion, an increase of $4.7 billion, or
3.8%. Excluding currency, total revenue was $127.8 billion, an
increase of $4.4 billion, or 3.6%.
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Walmart U.S. comp sales increased 4.5%, the strongest growth in more
than ten years led by the performance of grocery, apparel and
seasonal. Strong comp sales were supported by traffic and ticket
growth as each exceeded 2.0%.
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Walmart U.S. omni-channel saw significant progress with an expanded
online assortment, including 1,100 popular new brands. Grocery pickup
is now in more than 1,800 locations, and the company is on track to
reach about 40% of the U.S. population by year-end with grocery
delivery.
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Sam's Club comp sales increased 5.0%, the strongest growth in six
years.
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Net sales at Walmart International were $29.5 billion, an increase of
4.0%. Excluding currency, net sales were $29.2 billion, an increase of
3.1%. Comp sales were positive in the four largest markets.
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Adjusted EPS excludes the impact of three items:
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Charge of $1.51 related to the sale of a majority stake in Walmart
Brazil
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Negative impact of $0.04 due to an adjustment in the provisional
amount related to Tax Reform
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Unrealized loss of $0.03 on the company's equity investment in
JD.com
Walmart Inc. (NYSE:WMT) helps people around the world save money and
live better - anytime and anywhere - in retail stores, online, and
through their mobile devices. Each week, nearly 265 million customers
and members visit our more than 11,200 stores under 55 banners in 27
countries and eCommerce websites. With fiscal year 2018 revenue of
$500.3 billion, Walmart employs over 2.2 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.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180816005270/en/
Walmart reports Q2 FY19 earnings
View source version on businesswire.com: https://www.businesswire.com/news/home/20180816005270/en/