Walmart reports Q3 FY 16 EPS of $1.03, Walmart U.S. added $2.7 billion in sales, comp sales of 1.5%

• Q3 diluted EPS from continuing operations was $1.03, benefited by approximately $0.04 from 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 International net sales were $29.8 billion. On a constant currency basis, sales reached $34.7 billion, led by Mexico and 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%.
  

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 11,554 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.

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 Canada)
201-689-8483 (other countries)
Passcode: 9256278 (Walmart)
MP3 @ stock.walmart.com

The call is archived below.