Wal-Mart (WMT) PT Raised to $89 at Deutsche Bank Following 2Q

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Go back to Wal-Mart (WMT) PT Raised to $89 at Deutsche Bank Following 2Q

Walmart U.S. Q2 Comps Grew 4.5% and Walmart U.S. eCommerce Sales Grew 40%, Q2 GAAP Net Loss Per Share of $0.29; Adjusted EPS of $1.29

August 16, 2018 7:02 AM EDT

Walmart Updates Guidance for FY'19 GAAP EPS to $2.90 to $3.05, ex. Flipkart

Walmart Raises Guidance for FY'19 Adjusted EPS to $4.90 to $5.05, ex. Flipkart

Total revenue was $128.0 billion, an increase of $4.7 billion, or 3.8%. Excluding currency, total revenue was $127.8 billion, an increase of $4.4 billion, or 3.6%. Walmart U.S. comp sales increased 4.5%, the strongest growth in more than ten years led by the performance of grocery, apparel and seasonal. Strong comp sales were supported by traffic and ticket growth as each... More