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Walmart U.S. Q2 comp sales grew 2.8% and Walmart U.S. eCommerce sales grew 37%
Last walmart inc. earnings: 2/18 06:00 am
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US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company reports Q2 FY20 GAAP EPS of $1.26; Adjusted EPS of $1.27, led by strength at Walmart U.S., Walmart raises expectations for fiscal 2020 U.S. comp sales, operating income and EPS BENTONVILLE, Ark.--(BUSINESS WIRE)--Walmart Inc. (NYSE: WMT):This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190815005308/en/Walmart reports Q2 FY20 earningsTotal revenue was $130.4 billion, an increase of $2.3 billion, or 1.8%. Excluding currency, total revenue was $131.7 billion, an increase of $3.7 billion, or 2.9%.Walmart U.S. comp sales increased on a two-year stacked basis by 7.3%, which is the strongest growth in more than 10 years. Segment operating income increased 4%, marking the fifth consecutive quarter of growth.Walmart U.S. eCommerce sales growth of 37% includes strong growth in online grocery.Sam’s Club comp sales increased 1.2%, and eCommerce sales grew 35%. Reduced tobacco sales negatively affected comp sales by 300 basis p
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