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: Weekly US and UK Store Openings and Closures Tracker 2025, Week 7: Aldi and Skechers USA Announce Store Expansion Plans; Joann To Close 500 StoresEarnings Insights 4Q24, Week 4: Birkenstock, Hermès, Sprouts and More Post Double-Digit Growth—InfographicAnalyst Corner: Constrained Consumers Could Soon “Get to the Goods” Again—Evolving In-Store Loss Prevention, with John HarmonWeekly US Store Openings and Closures Tracker 2025, Week 46: Boll & Branch Nearly Doubles Its Store Count
