earnings
confidence high
sentiment positive
materiality 0.85
Walmart Q2 revenue up 5.7% to $161.6B; raises FY24 adjusted EPS view to $6.36-$6.46
Walmart Inc.
2024-Q2 EPS reported
$3.54
revenue$313,933,000,000
- GAAP EPS $2.92; adjusted EPS $1.84; consolidated operating income up 6.7%.
- Walmart U.S. comp sales rose 6.4%; global eCommerce up 24% led by pickup & delivery.
- Global advertising business grew ~35%; membership income rose strongly.
- FY24 guidance raised: net sales +4.0-4.5% (cc), adjusted EPS $6.36-$6.46.
- Q3 guided adjusted EPS $1.45-$1.50; company cites momentum and value proposition.