- Q3 diluted EPS from continuing operations was
$1.03, benefited by approximately $0.04from an adjustment for certain leases. Currency negatively impacted EPS by $0.04.
Total revenue was
$117.4 billion. On a constant currency basis, total revenue was $122.4 billion, an increase of 2.8%.
- Comp sales at Walmart U.S. were positive for the fifth consecutive quarter, up 1.5%. Traffic increased 1.7%. Customer experience scores continued to strengthen. Neighborhood Market comps increased approximately 8%, with strong growth from newer stores.
Walmart Internationalnet sales were $29.8 billion. On a constant currency basis, sales reached $34.7 billion, led by Mexicoand Canada. Operating income decreased 6.4%. On a constant currency basis, operating income increased 8.5%.
- E-commerce sales and GMV globally increased approximately 10% on a constant currency basis. Growth was pressured by challenges in key international markets.
Investments in people and technology continued. Consolidated operating
income declined 8.8%. On a constant currency basis, consolidated
operating income declined 5.4%.
Along with this press release, Walmart makes available a recorded call
with executive leaders to review the business results, to provide
strategic updates and to comment on expectations for the future. We
provide that call in both audio form and in a written transcript.
Details on accessing the call are as follows:
877-523-5612 (U.S. and
201-689-8483 (other countries)
Passcode: 9256278 (Walmart)
MP3 @ stock.walmart.com
The call is archived below.
Investor Relations contact:
Pauline Mohler, 479-277-0218
Media Relations contact:
Randy Hargrove, 800-331-0085