Walmart: optimistic about annual targets

(CercleFinance.com) - On its quarterly publication, Walmart stated that it now expects full-year performance at the high end of or slightly above its initial target ranges.


As a reminder, the world's number one retailer initially forecast adjusted EPS of $2.23 to $2.37, as well as growth at constant exchange rates of 4% to 6% in adjusted operating profit, and between 3% and 4% for sales.

Walmart posted Q1 adjusted EPS that rose 22.4% to $0.60, with adjusted operating profit up 13.7% to $7.1bn on sales that are up 6% at $161.5bn (+5.8% at constant exchange rates).


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