-
Total revenue was $123.4 billion, an increase of $2.5 billion, or
2.1%. Excluding currency, total revenue was $124.4 billion, an
increase of $3.5 billion, or 2.9%.
-
Walmart U.S. comp sales increased 1.8% with traffic growth of 1.3%,
marking the twelfth consecutive quarter with positive comp sales.
-
E-commerce growth at Walmart U.S. remained strong, led by organic
growth through Walmart.com. Net sales and GMV grew 60% and 67%,
respectively, as customers continued to respond well to new
initiatives and an expanded assortment of more than 67 million SKUs.
-
Net sales at Walmart International were $28.3 billion, a decrease of
1.0%. Excluding currency, net sales were $29.3 billion, an increase of
2.5%. Nine of eleven markets posted positive comp sales.
-
Second quarter EPS included a charge of $0.17 for loss on
extinguishment of debt in connection with the company's recently
completed debt tender offers. This discrete charge was partially
offset by the gain from the sale of the Suburbia business in Mexico,
which benefited EPS by $0.05.
Company Website:
http://stock.walmart.com
BENTONVILLE, Ark. -- (Business Wire)
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save
money and live better - anytime and anywhere - in retail stores, online,
and through their mobile devices. Each week, over 260 million customers
and members visit our more than 11,600 stores under 59 banners in 28
countries and e-commerce websites in 11 countries. With fiscal year 2017
revenue of $485.9 billion, Walmart employs approximately 2.3 million
associates worldwide. Walmart continues to be a leader in
sustainability, corporate philanthropy and employment opportunity.
Additional information about Walmart can be found by visiting http://corporate.walmart.com,
on Facebook at http://facebook.com/walmart
and on Twitter at http://twitter.com/walmart.
This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20170817005488/en/
Walmart reports Q2 FY18 earnings (Infographic: Business Wire)
Along with this press release, Walmart makes available a recorded call
with executive leaders and a financial presentation to review business
results, provide strategic updates, and comment on expectations for the
future. We provide that call in both audio form and in a written
transcript. Details on accessing the call are as follows:
|
877-523-5612 (U.S. and Canada)
|
201-689-8483 (other countries)
|
Passcode: 9256278 (Walmart)
|
|
The call is archived at stock.walmart.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20170817005488/en/
Contacts:
Wal-Mart Stores, Inc.
Investor Relations:
Steve Schmitt,
479-258-7172
or
Media Relations:
Randy Hargrove,
800-331-0085
Source: Wal-Mart Stores, Inc.
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