Categories AlphaGraphs, Earnings, Retail

Walmart (WMT) stock rises on upbeat Q2 2021 results

Walmart (NYSE: WMT) stock jumped about 6% in the pre-market trading hours after the company reported better-than-expected second quarter 2021 financial results. The retail giant’s adjusted EPS of $1.56 and revenue of $137.7 billion excelled analysts’ estimates.

Walmart (WMT) Q2 2021 Earnings AlphaGraph

On a GAAP basis, earnings soared 80% to $2.27 per share. Walmart US eCommerce sales grew 97% with strong results across all channels.

Walmart U.S. comp sales increased by 9, led by strength in general merchandise and food.

WMT stock had gained 14% since the beginning of this year and 20% in the past 12 months.

Looking forward to read what management and analysts discuss on quarterly results? Stay tuned here for Walmart Q2 2021 earnings call transcript

Most Popular

AVGO Earnings: All you need to know about Broadcom Q1 2021 earnings results

Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared

Infographic: Costco (COST) Q2 2021 sales up 15%; earnings miss

Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million

Will shifting to as-a-service model help Hewlett Packard in emerging stronger from COVID?

With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard

Add Comment
Viewing Highlight