Wal-mart stores: Objectives raised for the current financial year


(CercleFinance.com) – On the occasion of its quarterly publication, Walmart indicates that it is raising its objectives for the current financial year, now anticipating adjusted EPS of between 6.36 and 6.46 dollars, compared to between 6.10 and $6.20 three months ago.

Similarly, the world’s number one retailer now anticipates, at constant exchange rates, growth of around 7 to 7.5% in its operating profit and an increase of around 4 to 4.5% in its turnover.

In its second accounting quarter (ended at the end of July), Walmart earned adjusted EPS of $1.84, up 4% year-on-year, and adjusted operating profit up 8.1% to $7.4 billion. dollars.

Its sales increased by 5.7% to 161.6 billion dollars (+5.4% at constant exchange rates), driven in particular by a 24% jump in online sales, while its gross margin improved by 50 basis points at 24%.

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