Company Earnings UpdateWalmart (NYSE: WMT) 1Q20 Results: Mixed Results, Year on Track Despite Tough Comparison and Currency Headwinds in Q2 Coresight Research May 17, 2019 Executive Summary Walmart reported fiscal 1Q20 revenues of $123.93 billion, up 1.0% year over year and below the $125.28 billion consensus estimate. Adjusted EPS was $1.13, down 0.9% year over year and beating the $1.02 consensus estimate. US comps increased 3.4%, in line with consensus, and US e-commerce sales grew 37%, driven by strength in online grocery, and the home and fashion categories. Management believes the company is well positioned to achieve its full-year goals (adjusted EPS of $4.75–$4.85), though it expects headwinds from weather and currency in Q2. 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: Shoptalk Spring 2025: Day One—Creating Value Is Critical to Success; Tech-Powered Personalization Permeates Panel DiscussionsInnovator Profile: Sotira—Managing Reverse Logistics and Offloading Surplus Inventory with AIDollar Tree To Divest Family Dollar: Here’s What It Means—Consumer + Real Estate Data AnalysisFlipkart Big Billion Days 2025: Sales-Tax Cuts To Drive Strong Consumer Demand
