Walmart U.S. Q3 comp sales(1) grew 3.4% and Walmart U.S. eCommerce sales grew 43%, Q3 GAAP EPS of $0.58

  • Total revenue was $124.9 billion, an increase of $1.7 billion, or 1.4%. Excluding currency2, total revenue was $126.1 billion, an increase of $2.9 billion, or 2.4%.
  • Walmart U.S. comp sales1 increased 3.4% in the period and 6.1% on a two-year stack with broad-based strength and market share gains in key categories, according to Nielsen and The NPD Group.
  • Walmart U.S. omnichannel progress continues as grocery pickup is now available in nearly 2,100 locations and grocery delivery is available in nearly 600 locations.
  • Sam’s Club comp sales1 increased 3.2%3, and eCommerce sales grew 32%. Membership trends continue to improve.
  • Net sales at Walmart International were $28.8 billion, a decline of 2.6%. Excluding currency2, net sales were $30.0 billion, an increase of 1.6%. Comp sales were positive in nine of 10 markets.
  • Adjusted EPS2 excludes the impact of three items:

An unrealized loss of $0.48 on the company’s equity investment in JD.comA charge of $0.03 for foreign currency upon finalizing the sale of a majority stake in Walmart BrazilA benefit of $0.01 due to an adjustment in the provisional amount related to Tax Reform

View Earnings Presentation

Key results
(Amounts in billions, except as noted. Dollar and percentage changes may not recalculate due to rounding.)

Walmart

Q3 FY19 Q3 FY18 $ Change % Change
Revenue $124.9 $123.2 $1.7 1.4%
Revenue (constant currency)2 $126.1 $123.2 $2.9 2.4%
Operating income $5.0 $4.8 $0.2 4.7%
Operating income (constant currency)2 $5.0 $4.8 $0.3 5.9%

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