Financial Data and Key Metrics Changes - Total net sales growth for Q2 was 4.9% on a constant currency basis, with all three operating segments outperforming expectations [18][29] - Adjusted EPS was $0.67, exceeding the upper end of guidance of $0.62 to $0.65 [29][31] - Consolidated adjusted operating income grew 7.4% in constant currency, reflecting strong growth in sales, gross margins, and membership income [29] Business Line Data and Key Metrics Changes - Walmart U.S. comp sales growth was 4.2%, driven by strong traffic and unit growth across both stores and digital channels [19] - Sam's Club U.S. comp sales ex-fuel increased 5.2%, with e-commerce growth of 22% [22] - International business delivered constant currency sales growth of 8.3%, with notable strength in Walmex, China, and Flipkart [21] Market Data and Key Metrics Changes - E-commerce sales grew about 20% for each segment and 21% overall [12] - In China, e-commerce orders delivered within one hour increased by 28% to 59 million orders [22] - In India, Flipkart grocery grew over 50%, providing next-day delivery in over 200 cities [22] Company Strategy and Development Direction - The company is focused on enhancing its value proposition through price, trust, assortment, and experience [18] - Walmart is leveraging generative AI to improve customer experience and operational efficiency [14][16] - The company aims to grow profit faster than sales while investing in associates and lowering prices for customers [16] Management's Comments on Operating Environment and Future Outlook - Management remains cautiously optimistic about the consumer outlook, noting consistent performance without signs of weakness [40] - The company is raising its full-year guidance, expecting sales growth of 3.75% to 4.75% and operating income growth of 6.5% to 8% [30][31] - Management acknowledges economic and geopolitical uncertainties but feels well-positioned to navigate these challenges [31] Other Important Information - Walmart's global advertising business grew 26%, driven by a 30% increase in Walmart Connect in the U.S. [24] - The company welcomed Bob Moritz as the newest member of its board of directors, bringing extensive global business experience [17] Q&A Session Summary Question: How have elections and other events factored into guidance? - Management noted that while elections can impact consumer behavior, they feel confident in their current performance and outlook [36] Question: What is the outlook on consumer strength and general merchandise? - Management indicated that they are not seeing consumer weakness and are optimistic about general merchandise performance [40][41] Question: What is the status of e-commerce profitability? - Management emphasized that e-commerce profitability is improving, with core e-commerce being a significant contributor to operating income growth [70][73] Question: What is driving membership growth? - Membership growth is attributed to enhanced value propositions and increased marketing efforts, with significant growth among younger demographics [52][53] Question: How is automation impacting operations? - Management reported positive progress in automation across supply chain facilities, which is expected to yield significant benefits in the future [83] Question: What are the expectations for gross margins in the second half? - Management expects gross margins to remain stable, driven by business mix improvements rather than price increases [95][96]

Walmart Inc (NYSE:WMT) stock is gapping to record highs today, after the retail giant posted better-than-expected second-quarter earnings of 67 cents per share and revenue of $169.34 billion. The company also lifted its full-year forecast, though noting it was more cautious about the second half of the year. As the largest U.S. retailer, Walmart earnings are injecting some optimism into the market today, alongside strong U.S. retail sales data. WMT isn't the only outperformer on the Dow Jones Industrial Ave ...

Walmart (WMT) reported $169.34 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 4.8%. EPS of $0.67 for the same period compares to $0.61 a year ago.The reported revenue represents a surprise of +0.49% over the Zacks Consensus Estimate of $168.5 billion. With the consensus EPS estimate being $0.65, the EPS surprise was +3.08%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...

Walmart (WMT) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.08%. A quarter ago, it was expected that this world's largest retailer would post earnings of $0.52 per share when it actually produced earnings of $0.60, delivering a surprise of 15.38%.Over the last four quarters, the c ...

ToplineWalmart stock rallied to a record high Thursday as the U.S.’ largest physical retailer’s latest earnings report impressed Wall Street, and left reason for optimism as the U.S. economy deals with teetering public perception.Walmart stock is set for its best day in more than four years. UCG/Universal Images Group via Getty Images Key FactsShares of Walmart rose more than 8% to about $74.50 in premarket trading, well above the prior all-time high of $71.33 achieved last month and pacing toward its best ...

Key TakeawaysWalmart reported second-quarter sales and adjusted EPS above expectations Thursday, while net income fell short.The retail giant lifted its full-year revenue and adjusted EPS guidance.Shares rose over 7% following the earnings report's release. Walmart (WMT) shares jumped Thursday as the retail giant reported better-than-expected second-quarter fiscal 2025 sales and adjusted earnings per share (EPS), leading the company to lift its outlook for the full year. Walmart posted total revenue up near ...

Walmart raised its profit target for the year following "strong" results on Thursday.The retailer posted a 4.7% increase in net sales in the quarter to $167.8 billion."The good results will come as a relief to the wider retail sector," said GlobalData's Neil Saunders. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a per ...

U.S. stocks are on track for a modestly higher start on Thursday, with the S&P 500 looking to extend the winning streak to six sessions. The ultimate trading direction of the day could hinge on a slew of key data, due for the day, pertaining to the job market, consumer spending and manufacturing activity as well as retail earnings. Most of these have relevance for growth at a time when pricing pressure has eased.Fund manager Louis Navellier said the July retail sales report along with Walmart, Inc. WMT shou ...

Walmart, the largest retailer and private employer in the U.S., reported another strong quarter, surpassing Wall Street expectations as it enticed shoppers with more discounts on groceries.  The Arkansas-based company reported consolidated revenue climbed 4.8% to $169.34 billion during the three-month period ending July 31, higher than the $168.53 billion Wall Street expected. Adjusted earnings per share came in at $0.67, also above the $0.65 analysts expected.The company also raised its guidance for the fu ...

Financial presentation to accompany management commentary FY25 Q2 Guidance The following guidance reflects the Company's expectations for the third quarter and fiscal year 2025 and is provided on a non-GAAP basis as the Company cannot predict certain elements that are included in reported GAAP results, such as the changes in fair value of the Company's equity and other investments. Growth rates reflect an adjusted basis for prior year results. Third Quarter The Company's fiscal third quarter guidance is bas ...