Company Earnings Update 4 minutesRegister for Free AccessWalmart (NYSE: WMT) 2Q20 Results: Beats Expectations and Offers Mixed Guidance Coresight Research August 16, 2019 Executive Summary Walmart reported fiscal 2Q20 revenues of $130.38 billion, up 1.8% year over year and beating the $130.10 billion consensus estimate. Adjusted EPS was $1.27, down 1.6% year over year and beating the $1.22 consensus estimate. US comps increased 2.8%. US e-commerce sales grew 37%, driven by the strength in online grocery. For FY20, management lowered guidance for consolidated net sales growth, to around 3% at constant currency, but increased EPS guidance. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Market Navigator: US Drugstore and Pharmacy Retailers—A Strong Focus on Healthcare Expansion in 2024 and BeyondHoliday Survey Bites: US Consumers Expect To Lean on CreditEarnings Insights 3Q23, Week 1: Deckers, Skechers, L’Oréal and Procter & Gamble Report Solid Results; Amazon Sees Further Improvement in Online SalesWeinswig’s Weekly: Fashion Retail’s Resilience in the Holiday Season
