Company Earnings Update 4 minutesRegister for Free AccessWalmart (WMT) Fiscal 2Q18 Results: Beats Consensus and Raises Guidance Coresight Research August 18, 2017 Executive Summary Walmart reported fiscal 2Q18 adjusted EPS of $1.08, up from $1.07 in the year-ago quarter and beating the $1.07 consensus estimate. Total revenues were $123.4 billion, up 2.1% year over year and beating the consensus estimate of $122.8 billion. US comp sales increased by 1.8%, in line with the consensus estimate, on a 1.3% increase in traffic. E-commerce sales and gross merchandise value (GMV) increased by 60% and 67%, respectively, mostly from organic growth. The $0.94 midpoint of the company’s fiscal 3Q18 EPS guidance of $0.90–$0.98 is lower than the $0.97 consensus estimate. Walmart narrowed its FY18 EPS guidance range upward to $4.30–$4.40 versus $4.20–$4.40 previously and versus the consensus estimate of $4.36. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Groceryshop 2023 Day One: Startup Pitch Winners, Generative AI, Unified Shopping and MoreResearch Preview: Market Navigator—UK Retail and E-CommerceUS Consumer Tracker: Hints of a More Active ConsumerShifting Shopper Behavior Amid Pessimism: China Consumer Survey Insights