Walmart U.S. Q1 comps grew 1.4% and Walmart U.S. eCommerce GMV grew 69%, Company reports Q1 FY18 diluted EPS of $1.00
- Diluted EPS was $1.00, an increase of 2% over last year.
- Total revenue was $117.5 billion, an increase of 1.4%. Excluding currency, total revenue was $118.8 billion, an increase of 2.5%.
- Walmart U.S. comp sales increased 1.4%, driven by a traffic increase of 1.5%. Comp traffic increased 3.0% on a two-year stacked basis.
- E-commerce growth at Walmart U.S. was strong as sales and GMV increased 63% and 69%, respectively. The majority of this growth was organic through Walmart.com.
- Net sales at Walmart International were $27.1 billion, a decrease of 3.5%. Excluding currency, net sales were $28.3 billion, an increase of 0.8%.
- The company generated $5.4 billion in operating cash flow and returned $3.7 billion to shareholders through dividends and share repurchases.
BENTONVILLE, Ark.--(BUSINESS WIRE)-- Wal-Mart Stores, 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, over 260 million customers and members visit our 11,723 stores under 59 banners in 28 countries and e-commerce websites in 11 countries. With fiscal year 2017 revenue of $485.9 billion, Walmart employs approximately 2.3 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 Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170518005567/en/
Walmart reports Q1 FY18 earnings
Along with this press release, Walmart makes available a recorded call with executive leaders and a financial presentation to review the business results, provide strategic updates, and comment on expectations for the future. We provide that call in both audio form and in a written transcript. Details on accessing the call are as follows:
877-523-5612 (U.S. and Canada)201-689-8483 (other countries)Passcode: 9256278 (Walmart)MP3 @ stock.walmart.comThe call is archived at stock.walmart.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20170518005567/en/
Wal-Mart Stores, Inc.
Investor Relations:
Steve Schmitt,
479-258-7172
or
Media Relations:
Randy Hargrove,
800-331-0085
Source: Wal-Mart Stores, Inc.