Consolidated net income attributable to Walmart was $453 million, or $0.17 per share, compared to a loss of $1.8 billion, or $0.66 per share, last year. Adjusted EPS was $1.53.
For fiscal year 2024, the company expects consolidated net sales to increase approx. 5.0-5.5% in constant currency. Adjusted EPS is expected to range between $6.40-6.48.
Revenue and earnings beat estimates but the guidance fell short of expectations causing the stock to fall 7% in premarket hours on Thursday.
ADVERTISEMENT
Prior performance
