(CercleFinance.com) – Walmart announces that it earned adjusted EPS of $1.47 for the first three months of the financial year, up 13.1% year-on-year, and operating profit up 17.3 % to $6.2 billion.
The world number one retailer achieved sales growth of 7.6% to 152.3 billion dollars (+7.7% at constant exchange rates), but its gross margin fell by 18 basis points to 23.7% on a less favorable sales mix.
For the current fiscal year as a whole, Walmart anticipates adjusted EPS of between $6.10 and $6.20, as well as sales growth of around 3.5% at constant exchange rates, forecasts up from three months ago.
Copyright © 2023 CercleFinance.com. All rights reserved.
Did you like this article ? Share it with your friends with the buttons below.
