Wal-mart (WMT) Tops Q1 EPS by 4c, U.S. Comps Increase 1.4%
Wal-mart (NYSE: WMT) reported Q1 EPS of $1.00, $0.04 better than the analyst estimate of $0.96. Revenue for the quarter came in at $117.5 billion versus the consensus estimate of $117.74 billion.
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.
Wal-mart sees Q2 2018 EPS of $1.00-$1.08.
Comp sales for the 13-week period ending July 28, 2017:
- Walmart U.S. (ex. fuel)2: +1.5% to +2.0%
- Sam's Club (ex. fuel)2: +1.0% to +1.5%
For earnings history and earnings-related data on Wal-mart (WMT) click here.