Categories AlphaGraphs, Earnings, Retail
WMT Earnings: Key quarterly highlights from Walmart’s Q2 2024 financial results
Walmart Inc. (NYSE: WMT) reported second quarter 2024 earnings results today.
Consolidated revenue increased 5.7% year-over-year to $161.6 billion. Revenue grew 5.4% on a constant currency basis. Comparable sales rose 6.3%.
Consolidated net income attributable to Walmart increased 53% to $7.8 billion while EPS rose 55% to $2.92 compared to last year. Adjusted EPS grew 4% to $1.84.
Both revenue and earnings beat expectations.
For the third quarter of 2024, the company expects consolidated net sales to increase approx. 3% YoY on a constant currency basis. Adjusted EPS is expected to be $1.45-1.50.
For the full year of 2024, consolidated net sales are expected to increase approx. 4.0-4.5% YoY on a constant currency basis. Adjusted EPS is estimated to range between $6.36-6.46.
The stock rose 1% in premarket hours on Thursday.
Prior performance
Most Popular
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Autodesk (ADSK) is expected to report higher Q3 revenue and profit
Autodesk, Inc. (NASDAQ: ADSK) is all set to publish third-quarter financial results next week, amid expectations of a year-over-year increase in revenue and profit. The shift to a cloud-based model
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
