Walmart (WMT) Tops Q3 EPS by 7c, Sees FY Comps Ex-Fuel of at Least 3%
(Updated - November 15, 2018 7:10 AM EST)
Walmart (NYSE: WMT) reported Q3 EPS of $1.08, $0.07 better than the analyst estimate of $1.01. Revenue for the quarter came in at $124.9 billion versus the consensus estimate of $125.55 billion.
- Walmart U.S. Q3 comp sales grew 3.4% and Walmart U.S. eCommerce sales grew 43%
"We have momentum in the business as we execute our plan and benefit from a favorable economic environment in the U.S. We're accelerating innovation and utilizing technology to shape the future of retail. We're making shopping at Walmart faster and easier. Our associates are equipped with the tools to serve customers better than ever before, and they're doing a great job. With the holidays approaching, customers can count on Walmart to save them money, and we'll also provide busy families with another important gift -- time back in their day," said Doug McMillon President and CEO, Walmart.
Walmart sees FY2019 EPS of $4.75-$4.85, versus the consensus of $4.79.
- Comp sales, excluding fuel, at Walmart U.S.: At least 3% versus previous guidance of "about 3%"
For earnings history and earnings-related data on Walmart (WMT) click here.