Walmart: Q1 EPS up 13%
(CercleFinance.com) - Walmart has reported adjusted EPS of $1.
47 for Q1 up 13.1% y-o-y, with operating profit up 17.3% to $6.2bn.
The world's biggest retailer reported sales growth of 7.6% to $152.3bn (+7.7% at constant exchange rates), although its gross margin fell by 18 bp to 23.7% on a less favourable sales mix.
Walmart expects FY adjusted EPS of $6.10 to $6.20 and sales growth of around 3.5% at constant exchange rates, up from three months ago.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
47 for Q1 up 13.1% y-o-y, with operating profit up 17.3% to $6.2bn.
The world's biggest retailer reported sales growth of 7.6% to $152.3bn (+7.7% at constant exchange rates), although its gross margin fell by 18 bp to 23.7% on a less favourable sales mix.
Walmart expects FY adjusted EPS of $6.10 to $6.20 and sales growth of around 3.5% at constant exchange rates, up from three months ago.
Copyright (c) 2023 CercleFinance.com. All rights reserved.