Walmart beats top-line and bottom-line estimates; initiates Q2 and reaffirms FY outlook

1 month ago 4

Earnings News

Walmart press release (NYSE:WMT): Q1 Non-GAAP EPS of $0.61 beats by $0.03.
Revenue of $165.6B (+2.5% Y/Y) beats by $1.17B.
Global eCommerce sales grew 22%, led by storefulfilled pickup & delivery and marketplace.
Global advertising business3 grew 50%, including VIZIO; Walmart Connect

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