Wal-Mart (WMT) PT Raised to $79 at Stifel Following 1Q
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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
May 18, 2017 7:02 AM EDTDiluted 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.... More
