Company Earnings UpdateWalmart (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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Diwali’s Global Rise Is Reshaping the Retail Growth CycleFinancial Sentiment Turns Positive Ahead of Rate Cut: US Consumer Survey Insights2026 Sector Outlook: US Drugstore Retailing—Strong Volume Growth amid Margin PressureHoliday 2025 Survey Insights: Shopping Continues To Accelerate as the Homestretch Approaches
