Walmart Q1 revenue +7.6% to $152.3B, operating income +17.3%; raises FY24 EPS outlook

Walmart Inc.

2024-Q1 EPS reported $0.62 revenue$152,301,000,000

Revenue $152.3B (+7.6% YoY); operating income +17.3%; operating margin expanded 34 bps.
Global eCommerce sales up 26%; Walmart U.S. comp sales +7.4%.
GAAP EPS $0.62; Adjusted EPS $1.47, above prior guidance.
Q2 adjusted EPS guided $1.63-$1.68; FY24 adjusted EPS raised to $6.10-$6.20.
Global advertising business grew over 30%; PhonePe reached >$1T annualized TPV.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Walmart Inc. reported the three months ended April 30, 2023 results: revenue $152.3 billion, EPS GAAP EPS of $0.62; Adjusted EPS of $1.47. Guidance raised.

Period: the three months ended April 30, 2023
Revenue: $152.3 billion
EPS: GAAP EPS of $0.62; Adjusted EPS of $1.47
Guidance: raised
Result: reported results

Exact text from the filing

operating income growing faster at 17.3% • eCommerce up 26% globally • GAAP EPS of $0.62; Adjusted EPS of $1.47 1 • Guides Q2 and raises FY24 outlook BENTONVILLE, Ark., May 18, 2023 – Walmart Inc.

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Walmart Inc. filing history →

Source: SEC EDGAR

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