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Company expects fiscal 2019 EPS of $4.75 to $5.00
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Walmart Inc. (NYSE:WMT):
This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180220005789/en/
Walmart reports Q4 FY18 earnings
Fourth-quarter highlights
- GAAP EPS was $0.73 and adjusted EPS was $1.33.
- Total revenue was $136.3 billion, an increase of $5.3 billion, or 4.1%. Excluding currency, total revenue was $135.1 billion, an increase of $4.1 billion, or 3.1%.
- Walmart U.S. comp sales increased 2.6%, and comp traffic increased 1.6%. On a two-year stack, comp sales growth of 4.4% marked the best performance in eight years.
- eCommerce sales and GMV at Walmart U.S. increased 23% and 24%, respectively.
- Sam's Club comp sales, excluding fuel, increased 2.4% led by comp traffic growth of 4.3%.
- Net sales at Walmart International were $33.1 billion, an increase of 6.7%. Excluding currency, net sales were $31.9 billion, an increase of 2.8%. Nine of eleven markets posted positive comp sales, including our four largest markets.
- Consolidated operating income was $4.5 billion, a decrease of 28%. Excluding the impact of discrete charges detailed in this press release, operating income would have decreased less than 1.0 percent.
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Fiscal 2018 highlights
- Total revenue was $500.3 billion, an increase of $14.5 billion, or 3.0%. Excluding currency, total revenue was $500.9 billion, an increase of $15.1 billion, or 3.1%.
- eCommerce sales and GMV at Walmart U.S. increased 44% and 47%, respectively.
- Consolidated operating income was $20.4 billion, a decrease of 10.2%. Excluding the impact of discrete charges detailed in this press release, operating income would have been relatively flat.
- The company generated $28.3 billion in operating cash flow and returned $14.4 billion to shareholders through dividends and share repurchases.
Walmart 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 270 million customers and members visit our more than 11,700 stores under 59 banners in 28 countries and eCommerce websites. With fiscal year 2018 revenue of $500.3 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180220005789/en/
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.