Wal-Mart (NYSE:WMT) reports U.S. comparable-store sales increased 1.6% in FQ2 vs. +1.0% guidance and +0.9% consensus estimate.
Neighborhood Market comp +6.5%. E-commerce comparable sales +11.8%.
Traffic was up 1.2% during the quarter to top the pace at Target.
Total operating income was 1.6% higher Y/Y to $5.275B.
RELACIONADA: Walmart reports Q2 FY17 earnings
International sales -6.6% Y/Y to $28.621B . Operating income +35% to $1.727B (+48% ex-F/X).
Revenue at Sam’s Club -1.3% to $14.543B. Traffic was -0.4%. Operating income +10% to $472M.
Management points to the eighth consecutive positive comp in the U.S. as a sign of momentum.
Guidance: The company expects FY17 EPS of $4.15 to $4.35 vs. $4.27 consensus.
Previously: Wal-Mart beats by $0.05, beats on revenue (Aug. 18)WMT+3.50% premarket to $75.40.
For more information: Seeking Alpha
Fuente: Seeking Alpha
Reciba las últimas noticias de la industria en su casilla: