Follow Invezz on Telegram , Twitter , and Google News for instant updates >Discount home retailer Walmart Inc announced its Q1 earnings today before US markets opened.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.With the US economy embattled with stickier-than-expected inflation and interest rates still punishingly high for consumers, the market was eager to see what would come from today’s earnings. Walmart has a reputation for results outperformi ...

Revenue and Sales Growth - Consolidated revenue increased by 6.0% to $161.5 billion, with operating income growing 9.6% and adjusted operating income up 13.7%[2] - Global eCommerce sales grew 21%, driven by store-fulfilled pickup & delivery and marketplace[2] - Walmart U.S. comp sales increased by 3.8%, with eCommerce contributing ~280 bps to comp sales[6][7] - Walmart U.S. eCommerce sales grew 22%, led by store-fulfilled pickup & delivery and marketplace[7] - Walmart International net sales in constant currency grew 10.7%, with eCommerce sales up 19%[9] - Sam's Club U.S. eCommerce sales grew 18%, with membership income increasing by 13.3%[13] - Net sales increased by 5.9% to $159.938 billion compared to $151.004 billion in the previous year[20] - Total revenues grew by 6.0% to $161.508 billion from $152.301 billion[20] - Walmart U.S. net sales increased by 4.6% to $108,670 million for the three months ended April 30, 2024, compared to $103,901 million in the same period in 2023[26] - Walmart International net sales increased by 12.1% to $29,833 million for the three months ended April 30, 2024, compared to $26,604 million in the same period in 2023[26] - Sam's Club net sales increased by 4.6% to $21,435 million for the three months ended April 30, 2024, compared to $20,499 million in the same period in 2023[26] Operating Income and Profitability - Operating income rose by 9.6% to $6.841 billion from $6.240 billion[20] - Consolidated net income attributable to Walmart surged by 205.1% to $5.104 billion from $1.673 billion[20] - Basic and diluted net income per common share attributable to Walmart increased by 200.0% to $0.63 from $0.21[20] - Consolidated operating income increased by 9.6% to $6,841 million for the three months ended April 30, 2024, compared to $6,240 million in the same period in 2023[26] - Adjusted operating income for the three months ended April 30, 2024, was $7,096 million, compared to $6,240 million in the same period in 2023[34] - Adjusted operating income in constant currency for the three months ended April 30, 2024, was $7,044 million, compared to $6,240 million in the same period in 2023[34] - Consolidated net income for the three months ended April 30, 2024, was $5,307 million, compared to $1,896 million in the same period in 2023[24] - Consolidated net income for the trailing twelve months ended April 30, 2024, was $19.681 billion, compared to $11.085 billion in the previous period[46] - Operating income for the trailing twelve months ended April 30, 2024, was $27.613 billion, compared to $21.350 billion in the previous period[46] - ROI operating income for the trailing twelve months ended April 30, 2024, was $42.593 billion, compared to $35.084 billion in the previous period[46] Financial Performance Metrics - Return on assets (ROA) was 7.9% for the trailing twelve months ended April 30, 2024, up from 4.5% in the prior year[43] - Return on investment (ROI) was 15.0% for the trailing twelve months ended April 30, 2024, up from 12.7% in the prior year[43] - The increase in ROI was primarily due to higher operating income and improvements in business performance[43] - Return on assets (ROA) increased to 7.9% for the trailing twelve months ended April 30, 2024, up from 4.5% in the previous period[46] - Return on investment (ROI) increased to 15.0% for the trailing twelve months ended April 30, 2024, up from 12.7% in the previous period[46] Expenses and Costs - Cost of sales increased by 5.3% to $121.431 billion from $115.284 billion[20] - Operating, selling, general, and administrative expenses rose by 8.0% to $33.236 billion from $30.777 billion[20] - Interest, net increased by 7.7% to $600 million from $557 million[20] - Capital expenditures increased by $0.2 billion to support the company's investment strategy[36] - Net cash used in investing activities was $4.409 billion for the three months ended April 30, 2024, compared to $4.860 billion in the prior year[37] - Net cash provided by (used in) financing activities was negative $321 million for the three months ended April 30, 2024, compared to positive $1.940 billion in the prior year[37] - The reported effective tax rate was 24.6% for the three months ended April 30, 2024, adjusted to 24.3% after accounting for certain items[40] - Depreciation and amortization for the trailing twelve months ended April 30, 2024, was $12.136 billion, compared to $11.110 billion in the previous period[46] - Rent expenses for the trailing twelve months ended April 30, 2024, were $2.291 billion, slightly down from $2.301 billion in the previous period[46] Cash Flow and Liquidity - Net cash provided by operating activities for the three months ended April 30, 2024, was $4,249 million, compared to $4,633 million in the same period in 2023[24] - Free cash flow for the three months ended April 30, 2024 was negative $0.4 billion, a decrease of $0.6 billion compared to the same period in the prior year[36] - Net cash provided by operating activities was $4.2 billion for the three months ended April 30, 2024, a decrease of $0.4 billion compared to the same period in the prior year[36] Advertising and Membership Income - Global advertising business grew 24%, including 26% growth for Walmart Connect in the U.S.[2] - Membership and other income grew by 21.0% to $1.570 billion from $1.297 billion[20] Inventory Management - Inventory decreased by 2.7% globally, with Walmart U.S. inventory down 4.2%[2][7] Guidance and Forecast - Q2 guidance expects consolidated net sales to increase 3.5% to 4.5% and operating income to grow 3.0% to 4.5% in constant currency[15] - FY25 updated guidance expects consolidated net sales and adjusted operating income to be at the high-end or slightly above original guidance[16] Assets and Liabilities - Total assets grew to $254.054 billion from $245.053 billion in the previous year[22] - Total assets as of April 30, 2024, were $254.054 billion, compared to $245.053 billion in the previous period[46] - Accumulated depreciation and amortization as of April 30, 2024, was $118.518 billion, up from $113.164 billion in the previous period[46] Comparable Sales - Walmart U.S. comparable sales without fuel increased by 3.8% for the 13 weeks ended April 26, 2024, compared to 7.4% in the same period in 2023[28] - Sam's Club U.S. comparable sales without fuel increased by 4.4% for the 13 weeks ended April 26, 2024, compared to 7.0% in the same period in 2023[28] Adjusted Earnings and EPS - Adjusted diluted earnings per share (Adjusted EPS) for the three months ended April 30, 2024 was $0.60, compared to reported EPS of $0.63[39][40] Interest and Other Income - Interest income for the trailing twelve months ended April 30, 2024, was $553 million, up from $323 million in the previous period[46]

A stellar company is set to join an exclusive club of top-tier businesses that have somewhat recently conducted a forward-stock split.Volatility is something that's inescapable for investors on Wall Street. With the exception of 2024, we've witnessed the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite seesaw between bear and bull markets in successive years since this decade began.During bouts of heightened volatility and uncertainty, professional and everyday investors typically turn their atte ...

Walmart (WMT) prepares to disclose earnings for its fiscal first quarter early Thursday. Walmart stock was little changed near a buy point Wednesday.X The Walmart earnings report comes after Home Depot (HD) signaled a consumer pullback Tuesday, with lower revenue and store traffic in its latest quarter.Walmart EarningsEstimates: Analysts expect Walmart earnings to rise 7% to 53 cents, according to FactSet. Revenue is seen growing 5%, year over year, to $159.51 billion, for the quarter ended in April.Results ...

Walmart Inc (NYSE:WMT) is gearing up for its first-quarter earnings report, due out before the open tomorrow, May 16. When we last covered the blue-chip, big box retailer, it saw an uptick in bullish options activity after a 3-for-1 stock split and new store plans. In the time since, WMT hit a record high of $61.66, and was last seen 0.2% lower to hover just below that peak at $59.76.Options traders are pricing in a 5.9% swing for Walmart stock following the earnings event, which is slightly higher than the ...

Key TakeawaysBefore the opening bell Thursday, retail giant Walmart reports results for its fiscal 2025 first quarter, a busy period that included a stock split and a number of significant announcements.The retailer announced a new product line, bought TV maker Vizio for more than $2 billion, and initiated the closure of its Walmart Health clinics in the period.Analysts expect revenue to increase slightly year-over-year, with profits forecast to take a substantial step forward. Walmart (WMT) on Thursday mor ...

As Walmart Inc. (WMT) is set to release first-quarter fiscal 2025 earnings on May 16, it is worth taking a closer look at the company’s e-commerce business, which has been an important contributor to revenues for a while now.Walmart’s e-commerce business and omnichannel penetration have been increasing. E-commerce sales formed 18% of the company’s overall net sales in the fourth quarter of fiscal 2024 compared with 15% in the third quarter. The increasing penetration reflects customers’ rising inclination t ...

MIAMI, FLORIDA - MAY 14: People walk near the entrance to a Walmart store on May 14, 2024 in Miami, ... [+] Florida. Walmart announced that it will eliminate several hundred corporate jobs and relocate most of its remaining remote office staff. (Photo by Joe Raedle/Getty Images)Getty ImagesNote: Walmart’s Walmart FY’2024 ended in January 2024.Walmart (NYSE: WMT), the world’s largest retailer (by revenue), operating discount stores, supercenters, neighborhood markets, and Sam’s Club warehouses, is scheduled ...

A double-digit increase in share price is likely for this retail giant, one pundit believes.Walmart (WMT -0.91%) is a stock that has many believers, and among these bulls are analysts who follow the stock professionally. One prognosticator has even flagged the sturdy retail sector giant as a top pick for his company. Could he be right? Always a tough competitorSeveral days before Walmart was slated to unveil its earnings results for the first quarter of fiscal 2025, Oppenheimer's Rupesh Parikh weighed in on ...

Tomorrow, Walmart Inc, one the largest US multinational retailers in the world, reports its earnings for the first quarter of its FY 2025. And they’re more important than you might think – even if you’re not a Walmart investor.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Why are Walmart earnings important?Copy link to sectionWhat many people don’t know is that Walmart is often considered by analysts to be a bellwether stock for the average American ...