Walmart Q4 Earnings: Revenue And EPS Surprise, Dividend Hike, VIZIO Buyout And More

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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 …

Full story available on Benzinga.com