Categories AlphaGraphs, Retail

WMT Earnings: All you need to know about Walmart’s Q1 2022 earnings results

Walmart Inc. (NYSE: WMT) reported first quarter 2022 earnings results today.

Total revenues rose 2.7% year-over-year to $138.3 billion.

Net income attributable to Walmart fell 31% to $2.7 billion, or $0.97 per share, compared to the previous year. Adjusted EPS was $1.69.

Both the top and bottom line numbers beat expectations.

For the full year of 2022, consolidated net sales are expected to decline in the low single digits in constant currency while EPS is estimated to increase in the high single digits. For the second quarter of 2022, EPS is expected to decline in the low single digits.

Prior performance

Walmart Q4 2021 earnings

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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Earnings calendar for the week of July 26

After showing weakness at the beginning of the week, benchmark stock indexes made steady gains even as economic recovery gathered steam. On Friday, the S&P 500 index crossed the 4,400-mark

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