Walmart Inc (NYSE:WMT) reported fourth-quarter FY24 net sales growth of 5.7% year-over-year to $173.39 billion, beating the consensus of $170.71 billion.
Adjusted EPS was $1.80, beating the consensus of $1.65. The stock price gained after the results.
Net sales from Walmart U.S. increased 3.4% Y/Y, Walmart International rose 17.6%, and Sam’s Club U.S. was up 2.0%.
Walmart’s total U.S. comp sales (ex-fuel) grew by 4.0%, with growth in eCommerce of 17%, led by pickup & delivery.
Walmart U.S. Operating income rose 12.9% Y/Y to $6.1 billion, and the margin expanded by 44 bps to 5.2%.
Consolidated operating income rose by $1.7 billion, or 30.4%; adjusted operating income up 13.2%, positively affected by …