10:29:27 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Walmart reports Q2 FY 16 EPS of $1.08, updates guidance

2015-08-18 07:02 ET - News Release

Walmart U.S. delivered 1.5% comps, and improved customer experience scores

  • Q2 diluted EPS from continuing operations was $1.08. Currency exchange rates negatively impacted EPS by approximately $0.04.
  • Comp sales at Walmart U.S. increased 1.5%, driven by traffic of 1.3%. Neighborhood Market comps increased approximately 7.3%, with strong growth from new stores. Customer experience scores improved over last year.
  • Total revenue was $120.2 billion. On a constant currency basis, total revenue was $124.5 billion.
  • E-commerce sales globally increased approximately 16% on a constant currency basis. Gross merchandise value, or GMV, increased approximately 18% on a constant currency basis.
  • Q2 earnings were pressured by currency fluctuations, lower Walmart U.S. margins and investments in customer experience. Consolidated operating income declined 10%.
  • Walmart updated full year EPS guidance to a range of $4.40 to $4.70, from a previous range of $4.70 to $5.05. This range includes Q3 EPS guidance of $0.93 to $1.05.


Company Website: http://www.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, nearly 260 million customers and members visit our 11,532 stores under 72 banners in 28 countries and e-commerce websites in 11 countries. With fiscal year 2015 revenue of $485.7 billion, Walmart employs approximately 2.2 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/20150818005698/en/

Along with this press release, Walmart makes available a recorded call with executive leaders to review the business results, to provide strategic updates and to 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)
MP3 @ stock.walmart.com

Contacts:

Wal-Mart Stores, Inc.
Investor Relations contact:
Carol Schumacher, 479-277-1498
or
Pauline Mohler, 479-277-0218
or
Media Relations contact:
Randy Hargrove, 800-331-0085

Source: Wal-Mart Stores, Inc.

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