Company Earnings UpdateWalmart (NYSE: WMT) 2Q20 Results: Beats Expectations and Offers Mixed Guidance Coresight Research August 16, 2019 Executive Summary Walmart reported fiscal 2Q20 revenues of $130.38 billion, up 1.8% year over year and beating the $130.10 billion consensus estimate. Adjusted EPS was $1.27, down 1.6% year over year and beating the $1.22 consensus estimate. US comps increased 2.8%. US e-commerce sales grew 37%, driven by the strength in online grocery. For FY20, management lowered guidance for consolidated net sales growth, to around 3% at constant currency, but increased EPS guidance. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: CPG Giants Realign Through Over $100 Billion in M&A, Demergers and DivestmentsMass Merchandiser and Warehouse Club Shopping in Focus—Walmart Leads; High Purchase Rates for Daily Essentials: US Consumer Survey InsightsAnalyst Corner: What’s Happening in China’s Economy? Analyzing Retail and Consumer Metrics with Madhav PitaliyaWeekly UK Store Openings and Closures Tracker 2025, Week 17: Sainsbury’s To Open 40 Stores
