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Recap: Walmart Q1 Earnings

Shares of Walmart (NYSE:WMT) rose 4.4% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 4.42% over the past year to $1.18, which beat the estimate of $1.17.

Benzinga · 05/19/2020 11:26

Shares of Walmart (NYSE:WMT) rose 4.4% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 4.42% over the past year to $1.18, which beat the estimate of $1.17.

Revenue of $134,622,000,000 higher by 8.63% year over year, which beat the estimate of $130,310,000,000.

Guidance

Walmart hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: May 19, 2020

Time: 08:00 AM

ET Webcast URL: https://corporate.walmart.com/newsroom/financial-events?multi=false&y=2020

Technicals

52-week high: $133.38

Company's 52-week low was at $99.91

Price action over last quarter: Up 13.36%

Company Profile

America's largest retailer by sales, Walmart operates over 11,500 stores under 56 banners, selling a variety of general merchandise and grocery items. Its home market accounted for 77% of sales in fiscal 2020, with Mexico and Central America (6%), the United Kingdom (6%), and Canada (4%) its largest external markets. In the United States, around 56% of sales come from grocery, 34% from general merchandise, and 10% from health and wellness items. The company operates several e-commerce properties apart from its eponymous site, including Flipkart, Jet.com, and shoes.com (it also owns a roughly 10% stake in Chinese online retailer JD.com). Combined, e-commerce accounted for about 7% of fiscal 2020 sales.