Walmart: Q3 Earnings Insights - Walmart (NASDAQ:WMT)

Shares of Walmart (NYSE:WMT) rose 0.5% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 15.52% over the past year to $1.34, which beat the estimate of $1.18.

Revenue of $134,708,000,000 rose by 5.25% year over year, which beat the estimate of $132,230,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Nov 17, 2020

Time: 07:00 AM

ET Webcast URL: https://corporate.walmart.com/newsroom/events/fy2021-q3-earnings-release

Price Action

Company's 52-week high was at $153.40

Company's 52-week low was at $102.00

Price action over last quarter: Up 15.89%

Company Profile

America's largest retailer by sales, Walmart operates over 11,500 stores under 56 banners, selling a variety of general merchandise and grocery items. Its home market accounted for 77% of sales in fiscal 2020, with Mexico and Central America (6%), the United Kingdom (6%), and Canada (4%) its largest external markets. In the United States, around 56% of sales come from grocery, 34% from general merchandise, and 10% from health and wellness items. The company operates several e-commerce properties apart from its eponymous site, including Flipkart and shoes.com (it also owns a roughly 10% stake in Chinese online retailer JD.com). Combined, e-commerce accounted for about 7% of fiscal 2020 sales.

WMTWalmart Inc

$113.050.46%

Overview

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