Wal-Mart (WMT) PT Raised to $112 at KeyBanc Following Strong 3Q

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Go back to Wal-Mart (WMT) PT Raised to $112 at KeyBanc Following Strong 3Q

Walmart U.S. Q3 comps grew 2.7% and Walmart U.S. eCommerce sales grew 50%, Company reports Q3 FY18 GAAP EPS of $0.58; Adjusted EPS of $1.00, The company now expects full-year GAAP EPS of $3.84 to $3.9

November 16, 2017 7:01 AM EST

The company's third-quarter GAAP EPS was adjusted for three items. A charge of $0.29 for loss on extinguishment of debt in connection with the company's recently completed debt tender offer, a charge of $0.09 based on discussions with government agencies regarding the possible resolution of the FCPA matter, and a charge of $0.04 based on the decision to exit certain properties in one of the company's international markets. Total revenue was $123.2 billion, an increase of $5.0 billion, or 4.2%. Excluding currency, total revenue was $122.7 billion, an increase of $4.5 billion, or 3.8%. Walmart U.S. comp... More

News America Marketing Signals Next Phase of Strategic Transformation with 6 Senior Leadership Appointments

November 15, 2017 11:30 AM EST

Zack Storer named Chief Growth Officer and EVP Digital, Data, Emerging Technologies to build and leverage transformative technologies across the enterprise networks.

NEW YORK--(BUSINESS WIRE)-- News America Marketing, the premier marketer and influencer for online and offline shoppers in the U.S. and Canada, today announced six senior leadership appointments to drive its ongoing transformation. The... More