Company Earnings UpdateWalmart (WMT) Fiscal 1Q19 Results: Net Sales Beat Expectations, Guidance Affected by Portfolio Repositioning Coresight Research May 18, 2018 Executive Summary Walmart reported fiscal 1Q19 net sales of $121.6 billion, up 4.4% year over year and beating the $119.3 billion consensus estimate. US comps increased by 2.1% in the quarter. Adjusted EPS was $1.14, beating the $1.12 consensus estimate. Walmart US’s net sales were $77.7 billion, up 3.1% year over year. Walmart International reported net sales of $30.3 billion, up 11.7% year over year, and Sam’s Club reported net sales of $13.6 billion, down 2.7% year over year. Walmart is repositioning its portfolio of businesses, including by investing in Flipkart, which Walmart expects to negatively impactful-year EPS by approximately $0.25–$0.30. 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: Three Data Points We’re Watching This Week, Week 19: China and US Consumer Sentiment in FocusSector Focus: E-Commerce Retailers and Marketplaces—Data GraphicRetail Under Pressure: How Will Tariffs Disrupt the Back-to-School and Holiday Seasons?US Back to School 2025, Part 1: Early Shopping, Tariff Worries and Strategic Choices Shape BTS 2025
