Walmart: exceeds expectations in Q2.
(CercleFinance.com) - Walmart posted EPS that was down nearly 21% to 96 cents for its second quarter, although at 1.
08 dollars, EPS adjusted for extraordinary items exceeded the consensus by one cent.
Revenues increased by 2.1% to 123.4 billion dollars (+2.9% excluding FX factors), including 1.8% growth at constant stores for Walmart in the US, thanks to a 1.3% increase in store traffic.
The world's largest retailer has also highlighted the strength of its online sales, with a gross volume of merchandise (GMV) that is up 67% at Walmart US, boosted by the organic growth of its website Walmart.com.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
08 dollars, EPS adjusted for extraordinary items exceeded the consensus by one cent.
Revenues increased by 2.1% to 123.4 billion dollars (+2.9% excluding FX factors), including 1.8% growth at constant stores for Walmart in the US, thanks to a 1.3% increase in store traffic.
The world's largest retailer has also highlighted the strength of its online sales, with a gross volume of merchandise (GMV) that is up 67% at Walmart US, boosted by the organic growth of its website Walmart.com.
Copyright (c) 2017 CercleFinance.com. All rights reserved.