Apple Inc.
AAPL
$175.49
-3.58 (2.00%)
Walmart’s Q1 Earnings Exceed Expectations

Pubblicato da MEXEM EUROPA

July 26, 2024
(GMT+2)

Impressive Revenue & EPS Beat

  • Strong Closing Performance: Shares surged by 7% at the close on Thursday, 16th.
  • Revenue Achievement: Walmart's revenue reached $161.51 billion, significantly exceeding the forecast of $159.58 billion.
  • EPS: Delivered an EPS of $0.60, surpassing the expected $0.53.
  • E-commerce Expansion: E-commerce operations grew by an impressive 22%.
  • Market Outperformance: Results surpassed the performance of the S&P 500.


Strategic Expansions & Customer Loyalty

During the period, Walmart {{ m-tag option="price" ticker="WMT" currency="USD" }} made significant strategic moves, including a 12th stock split and the introduction of the 'bettergoods' private label, which aims to provide fashionable, high-quality products at competitive prices. These initiatives, along with Walmart's loyalty programs and store renovations, have not only enhanced customer engagement but also contributed to a 13% increase in membership income at Sam’s Club, demonstrating the company's unwavering commitment to customer satisfaction. 

Market Growth

Operational efficiency was evident in the 3.9% growth in U.S. same-store sales and significant e-commerce strides. Walmart's proactive tech investments and ad business flourished, with sales increasing by 24% globally. The quarter also saw Walmart's market cap exceed $500 billion, reflecting strong investor confidence and its market share expansion among wealthier demographics.

Future Outlook 

Walmart's optimistic revision of its full-year guidance, expecting to reach the higher end or possibly exceed its sales growth forecast of 3% to 4%, and an EPS of $2.23 to $2.37, illustrates a positive trajectory.


Le informazioni contenute nel sito mexem.com hanno uno scopo puramente informativo. Non devono essere considerate come consigli di investimento. L'investimento in azioni comporta dei rischi. La performance passata di un titolo non è un indicatore affidabile della sua performance futura. Consultare sempre un consulente finanziario o fonti fidate prima di prendere qualsiasi decisione di investimento.

COSA LEGGERE DOPO

Sei pronto per iniziare?

Inizia a fare trading con la nostra offerta completa: dalla piattaforma all'avanguardia allo strumento gratuito, dalle commissioni di transazione vantaggiose ad un partner fiscale.