Key TakeawaysWalmart reported second-quarter sales and adjusted EPS above expectations Thursday, while net income fell short.The retail giant lifted its full-year revenue and adjusted EPS guidance.Shares rose over 7% following the earnings report's release. Walmart (WMT) shares jumped Thursday as the retail giant reported better-than-expected second-quarter fiscal 2025 sales and adjusted earnings per share (EPS), leading the company to lift its outlook for the full year. Walmart posted total revenue up near ...

Walmart raised its profit target for the year following "strong" results on Thursday.The retailer posted a 4.7% increase in net sales in the quarter to $167.8 billion."The good results will come as a relief to the wider retail sector," said GlobalData's Neil Saunders. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a per ...

Walmart, the largest retailer and private employer in the U.S., reported another strong quarter, surpassing Wall Street expectations as it enticed shoppers with more discounts on groceries.  The Arkansas-based company reported consolidated revenue climbed 4.8% to $169.34 billion during the three-month period ending July 31, higher than the $168.53 billion Wall Street expected. Adjusted earnings per share came in at $0.67, also above the $0.65 analysts expected.The company also raised its guidance for the fu ...

业绩总结 - 公司预计2025财年第三季度净销售额为1594亿美元，营业收入为62亿美元，调整后的每股收益为0.51美元[3] - 2025财年公司预计净销售额为6426亿美元，调整后的营业收入为271亿美元，调整后的每股收益为2.22美元[5] - 调整后的每股收益为0.67美元，同比增长9.8%[39] - 股份回购总额为10亿美元，回购股数为1540万股，平均价格为65.75美元每股[59] - 资产回报率为6.4%，投资回报率为4.2%[66] 公司业务 - Walmart U.S.公司第二季度总收入达到1693亿美元，各经营部门均表现强劲[11] - 全球电子商务净销售增长21%[13] - 毛利率增加43个基点至24.4%[15] - 调整后的营业收入为79亿美元，同比增长7.2%[29] - Walmart国际部门净销售额为29.9亿美元，同比增长8.3%[86] - Walmart国际部门净销售额在Q2 FY24至Q2 FY25期间呈现逐渐增长的趋势，分别为27.6亿、26.7亿、31.2亿、29.4亿和29.9亿美元[88] - Walmex的净销售额为12.8亿美元，同比增长6.4%[101] - Sam's Club U.S.的净销售额增长率为4.7%，不含燃料的净销售额增长率为5.5%，电子商务销售增长率为22%[133] - Sam's Club U.S.的会员收入增长率为14.4%，Plus会员渗透率同比增加320个基点[144] 财务指标 - 公司提到了非GAAP指标ROI，ROA和自由现金流等关键财务指标[161] - ROA在2024年7月31日的最近12个月为6.4%，较2023年同期的5.6%有所增长[163] - ROI在2024年7月31日的最近12个月为15.1%，较2023年同期的12.8%有所增长[163] - 自由现金流在2024年7月31日的前6个月为59亿美元，较去年同期减少31亿美元[172]

财务业绩 - 营收增长4.8%，经营利润增长8.5%，经调整经营利润增长7.2%[1][2] - 公司总收入为1693.35亿美元，同比增长4.8%[29] - 营业收入为79.4亿美元，同比增长8.5%[31] - 净收入为45.01亿美元，同比下降43.0%[31,32] - 每股基本收益为0.98美元，同比下降42.9%[32] - 每股摊薄收益为0.97美元，同比下降42.3%[32] 业务表现 - 全球电商销售增长21%，其中Walmart美国电商销售增长22%[4] - Walmart美国同店销售增长4.2%，交易量增长3.6%[14] - Walmart国际销售增长8.3%，经营利润增长15.7%(按固定汇率计算)[16][17] - Sam's Club美国同店销售(不含燃料)增长5.2%，交易量增长6.1%[19] - 营业收入同比增长4.7%，达到1,677.67亿美元[48] - 沃尔玛美国业务营业收入同比增长4.1%，达到1,153.47亿美元[48] - 沃尔玛国际业务营业收入同比增长7.1%，达到295.67亿美元[48] - 山姆会员店营业收入同比增长4.7%，达到228.53亿美元[48] - 总体营业利润同比增长8.5%，达到79.4亿美元[48] - 沃尔玛美国业务营业利润同比增长7.8%，达到65.91亿美元[48] - 沃尔玛国际业务营业利润同比增长14.3%，达到13.6亿美元[48] - 山姆会员店营业利润同比增长11.5%，达到5.81亿美元[48] - 美国同店销售(不含汽油)同比增长4.2%[49] - 山姆会员店同店销售(不含汽油)同比增长5.2%[49] 广告业务 - 公司广告业务全球增长26%，其中Walmart美国广告业务增长30%[4][17] 库存管理 - 全球库存下降2.0%，Walmart美国库存下降2.6%[4][15] 现金流和资产负债 - 现金及现金等价物为88.11亿美元[36] - 存货为556.11亿美元[36] - 总资产为2544.4亿美元[37,38,39,40,41,42] - 总负债为1637.68亿美元[39,40] - 总权益为905.65亿美元[42] 财务指标 - 2024财年第二季度的调整后每股收益为0.67美元[69] - 2024财年前六个月的调整后每股收益为1.27美元[72] - 2023财年第二季度的调整后每股收益为0.61美元[77] - 2023财年前六个月的调整后每股收益为1.10美元[81] - 2024财年第二季度的投资活动现金流出为101.28亿美元[65] - 2024财年第二季度的融资活动现金流出为69.45亿美元[65] - 2024财年前12个月的投资回报率为15.1%[87] - 2023财年前12个月的投资回报率为12.8%[87] - 2024财年前12个月的资产回报率为6.4%[85] - 2023财年前12个月的资产回报率为5.6%[85] 未来展望 - 公司预计第三季度营收增长3.25%-4.25%，经营利润增长3.0%-4.5%(按固定汇率计算)[23] - 公司上调2025财年全年指引，预计营收增长3.75%-4.75%，经调整经营利润增长6.5%-8.0%(按固定汇率计算)[25]

公司业绩预期 - 沃尔玛将于周四公布季度财报，市场关注其对美国家庭经济状况和整体经济前景的洞察 [2] - 分析师预期沃尔玛的每股收益为65美分，营收为1685.3亿美元 [2] 消费者行为分析 - 作为美国最大零售商，沃尔玛能提供消费者支出和节省情况的独特见解，其价值导向的声誉在过去两年因通胀推动高收入消费者增加购买而促进销售增长 [3] - 通胀已回落至历史水平，7月消费者价格指数同比上涨2.9%，为2021年3月以来最低 [4] - 尽管通胀有所缓解，但价格仍远高于疫情前水平，消费者感到压力，同时就业报告显示经济增长放缓和失业率上升，引发股市大幅抛售 [5] - 沃尔玛CEO和财务主管多次提到消费者行为持续稳定，购物者寻求价值并谨慎消费 [7] 市场反应与预期 - 投资者将关注沃尔玛是否继续反映消费者寻求价值的行为，任何语调变化都可能引起注意 [8] - 沃尔玛以其价值声誉和庞大的食品业务，在经济挑战中通常比同行更具韧性，因为消费者在经济紧张时会转向沃尔玛以节省开支 [9] - 如果沃尔玛业绩不佳，可能引发市场对整体零售业挑战的担忧 [10] - 反之，若沃尔玛超出预期，投资者需仔细分析其强劲表现是否来自富裕消费者更多依赖沃尔玛购买各类商品 [11] 公司策略与增长动力 - 沃尔玛通过增加第三方市场卖家、销售更多广告、吸引更多Walmart+会员以及推出新食品品牌Bettergoods等措施推动增长，其中Bettergoods品牌多数商品价格低于5美元，提供比快餐更便宜的餐食选择 [13] 股票表现 - 沃尔玛股价今年上涨近31%，超过标普500指数约14%的涨幅 [14]

SHENZHEN, CHINA - 2024/07/24: The logo of the American chain of membership-only retail warehouses ... [+] called Sam's Club is seen outside its store in Shenzhen, China. (Photo by Serene Lee/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesNote: Walmart’s FY’2024 ended in January 2024.Walmart (NYSE: WMT), the world’s largest retailer (by revenue), operating discount stores, supercenters, neighborhood markets, and Sam’s Club warehouses, is scheduled to report its fiscal second ...

Walmart (NYSE:WMT) reports earnings on Aug. 15. Its results are expected to be decent, if not spectacular. Most analysts see same-store sales growth with operating margins nearing double digits, which should be good for Walmart stock. I’m not one to focus too closely on quarterly reports, opting to think bigger picture, longer-term. There are three things that I’ll continue to look for as the company continues to grow its behemoth business model. For me, it boils down to Walmart’s growing ad business, the u ...

Second-quarter results from large retailers will continue to highlight this week's earnings lineup with Walmart (WMT)  set to release its Q2 report on Thursday, August 15.Notably, Walmart’s Zacks Retail-Supermarkets Industry is currently in the top 11% of approximately 250 Zacks industries. As a prime beneficiary of its strong business environment, Walmart's stock currently sports a Zacks Rank #2 (Buy) with now appearing to be an ideal time to invest in the omnichannel giant.Walmart’s Q2 Expectations Based ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...