Walmart (WMT) Tops Q1 EPS by 1c, U.S. Comps Increase 2.1%
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Walmart U.S. Q1 comps grew 2.1% and Walmart U.S. eCommerce sales grew 33%, Company reports Q1 GAAP EPS of $0.72; Adjusted EPS of $1.14
May 17, 2018 7:01 AM EDTTotal revenue was $122.7 billion, an increase of $5.1 billion, or 4.4%. Excluding currency, total revenue was $120.7 billion, an increase of $3.2 billion, or 2.7%. GAAP EPS declined 28% and Adjusted EPS increased 14%. Walmart U.S. comp sales increased 2.1%, and comp traffic increased 0.8%. Sams Club comp sales increased 3.8% led by comp traffic growth of 5.6%. Tobacco sales negatively impacted comp sales by approximately 140 basis points.... More
