Walmart Inc
- Walmart increased 3.7% to $87.16 after the retailer reported better-than-expected quarterly results and revised its annual outlook.
The retailer boosted its annual sales estimate to a new range between 4.8% and 5.1%, from the previous estimate between 3.75% and 4.75%.
Consolidated revenue in the third quarter increased 5.5% to $169.6 billion, net income advanced to $4.6 billion from $453 million, and net income rose to 57 cents from 6 cents a year ago.
The retailer said it repurchased 46 million shares for $3 billion in the year so far, as part of its $20 billion stock buyback plan.
The company said sales at its U.S. locations increased 5.5% to $114.9 billion, reflecting broad strength as more customers look for products beyond its grocery aisles.
E-commerce sales in the U.S. rose 22%, led by store-fulfilled pickup & delivery, advertising revenue, and marketplace activities.
Nov 19, 2024 - Walmart Inc. soared 8.8% to $74.70, and the discount retailer reported better-than-expected revenue and earnings in its latest quarter. The company lifted its annual estimate on the back of the strength in its first-half results.
Consolidated revenue in the second quarter increased 4.8% to $169.3 billion from $161.6 billion, net income plunged to $4.7 billion from $8.1 billion, and diluted earnings per share dropped to 56 cents from 97 cents a year ago.
Walmart U.S. sales increased by 4.1% to $115.3 billion from $110.9 billion, driven by comparable sales excluding fuel sales at stores rising by 4.2%, the number of transactions increasing by 3.6%, and the average ticket size advancing by 0.6%.
The retailer guided fiscal third-quarter sales of $159.4 billion, operating income of $6.2 billion, and adjusted earnings per share of 51 cents.
The retailer issued a cautious outlook for the second half, citing geopolitical tensions and upcoming U.S. elections, that could impact consumer sentiment.
Aug 15, 2024 - Walmart Inc. increased 5.6% to $63.05 after the retail giant reported better-than-expected fiscal first-quarter results.
Total revenue in the first quarter increased 6% to $161.5 million from $152.3 million, net income soared 205% to $5.1 billion from $1.7 billion, and diluted earnings per share advanced to 63 cents from 21 cents a year ago.
May 16, 2024 - Walmart increased 2.9% to $175.36 after the general merchandise and grocery retailer reported better-than-expected revenue and earnings in the fourth quarter.
Total revenues in the fourth quarter increased 5.7% to $173.4 billion from $164.0 billion, consolidated net income declined to $5.5 billion from $6.3 billion, and diluted earnings per share decreased to $2.03 from $2.32 a year ago.
For the full fiscal year 2023 ending in January, revenue rose 6% to $648.1 billion from $611.3 billion, net income advanced 32.8% to $15.5 billion from $11.7 billion, and diluted earnings per share rose 32.8% to $5.76 from $4.29 a year ago.
The company guided fiscal first quarter sales to increase between 4% and 5% and adjusted earnings per share before the split to range between $1.48 and $1.56 or post-split between 49 cents and 52 cents.
Walmart stock is set to be split 3-to-1 on February 23; after the close, the stock split will be awarded to shareholders on record on February 22.
Separately, Walmart said it plans to acquire smart TV maker Vizio for $2.3 billion and boost its advertising business through the ad-free streaming content on its television sets.
Vizio jumped 16% to $11.06 and extended its two-day gain to over 40% when the news of a possible deal emerged.
Feb 20, 2024 - Walmart dropped 6.2% to $159.20 after the retailer reported quarterly results and issued a cautious outlook.
Revenue in the fiscal third quarter increased 5.2% to $160.8 million from $152.8 billion, and the company swung to a profit of $453 million from a loss of $1.8 billion. Diluted earnings per share were 17 cents, compared to a loss of 66 cents a year ago.
Sales at U.S. locations reflected ongoing challenging conditions for consumers; sales of groceries and health and wellness products rose, but discretionary items and general merchandise sales declined "modestly."
Walmart U.S. sales increased 4.4% to $109.4 billion, driven by a 4.9% increase in comparable store sales; transactions rose 3.4%; and average ticket size advanced 1.5% from a year ago.
The retailer also indicated U.S. e-commerce sales rose by 24%, and advertising sales on its online platform rose by 26% from a year ago.
The company guided full-year 2024 consolidated sales to increase between 5% and 5.5% and adjusted earnings per share to be between $6.40 and $6.80.
Nov 16, 2023
| Year | Apr | Jul | Oct | Jan | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 2.31 | 0.62 | 2.92 | 0.17 | - | |
| 2022 | 1.28 | 0.74 | 1.88 | -0.66 | 4.27 | |
| 2021 | -0.74 | 0.97 | 1.52 | 1.11 | 4.87 | |
| 2020 | 1.45 | 1.4 | 2.27 | 1.8 | 4.75 | |
| 2019 | 1.41 | 1.13 | 1.27 | 1.38 | 5.19 | |
| 2018 | 1.33 | 1.14 | 1.29 | 1.08 | 2.26 | |
| 2017 | 1.30 | 1 | 1.08 | 1 | 4.38 | |
| 2016 | 1.49 | 0.98 | 1.07 | 0.98 | 4.52 | |
| 2015 | 1.61 | 1.03 | 1.08 | 1.03 | 4.75 | |
| 2014 | 1.11 | 1.26 | 1.15 | 1.36 | 4.88 | |
| 2013 | 1.14 | 1.24 | 1.14 | 1.67 | 5.02 | |
| 2012 | 1.09 | 1.18 | 1.08 | 1.50 | 4.52 | |
| 2011 | 0.97 | 1.09 | 0.96 | 1.68 | 4.47 | |
| 2010 | 0.87 | 0.97 | 0.95 | 1.24 | 3.71 | |
| 2009 | 0.77 | 0.89 | 0.81 | 0.96 | 3.39 | |
| 2008 | 0.76 | 0.87 | 0.80 | 1.03 | 3.13 | |
| 2007 | 0.68 | 0.72 | 0.70 | 0.95 | 2.71 | |
| 2006 | 0.63 | 0.50 | 0.63 | 0.86 | 2.68 | |
| 2005 | 0.58 | 0.67 | 0.57 | 0.75 | 2.41 |