Walmart (NYSE:WMT) just reported a $1.77 adjusted EPS versus a $1.62 estimated on revenue of $152.9 billion versus $150.75 billion. That’s a double beat. Let’s go to the office and talk about it.
US same-store sales were up 8.8% on the quarter, and that’s with fuel included. And they did a little over a $105 billion of revenue in the quarter in the US.
And looking at comparable US sales, Walmart (NYSE:WMT) grew 6.5% on a one-year basis and about 11.7% on a two-year basis.
And as expected, eCommerce also grew about 12% in one year and about 18% over two years. And they’re doing pretty well internationally. They did $24.4 billion of revenue, up 5.7% year over year.
Walmart’s Sam’s Club Sales Climb 9.5%
And I’m not sure if you guys knew, but they also owned Sam’s Club, whose comparable sales grew 9.5%.
Looking at Walmart (NYSE:WMT) stock, it is up over 4% after reporting this earnings report and is clearly breaking out here on the charts.
Let’s see if this continues. Let me know your thoughts.
Author Kristen Moran 