earnings
confidence high
sentiment positive
materiality 0.80
Walmart Q3 revenue $160.8B (+5.2%); raises FY24 sales and adj. EPS guidance
Walmart Inc.
2024-Q3 EPS reported
$3.71
revenue$474,737,000,000
- GAAP EPS $0.17; adjusted EPS $1.53 (excludes $1.36 net loss on equity investments).
- Walmart U.S. comp sales +4.9%; global eCommerce +15% to $24B (15% of net sales).
- FY24 net sales guidance raised to +5.0-5.5% (cc); adj. EPS guided to $6.40-$6.48.
- Global advertising business grew ~20%; Walmart Connect +26%, Sam's Club MAP +27%.
- Consolidated operating income +130.1% GAAP; adjusted operating income +3.0%.