Walmart reports Q2 FY 16 EPS of $1.08, updates guidance

• Q2 diluted EPS from continuing operations was $1.08 . Currency exchange rates negatively impacted EPS by approximately $0.04 .

• Comp sales at Walmart U.S. increased 1.5%, driven by traffic of 1.3%. Neighborhood Market comps increased approximately 7.3%, with strong growth from new stores. Customer experience scores improved over last year.

• Total revenue was $120.2 billion . On a constant currency basis, total revenue was $124.5 billion .

• E-commerce sales globally increased approximately 16% on a constant currency basis. Gross merchandise value, or GMV, increased approximately 18% on a constant currency basis.

• Q2 earnings were pressured by currency fluctuations, lower Walmart U.S. margins and investments in customer experience. Consolidated operating income declined 10%.

• Walmart updated full year EPS guidance to a range of $4.40 to $4.70 , from a previous range of $4.70 to $5.05 . This range includes Q3 EPS guidance of $0.93 to $1.05 .

BENTONVILLE, Ark. --(BUSINESS WIRE)-- Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, nearly 260 million customers and members visit our 11,532 stores under 72 banners in 28 countries and e-commerce websites in 11 countries. With fiscal year 2015 revenue of $485.7 billion , Walmart employs approximately 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart.