In a November 17th release, Walmart Inc. (WMT) released results for the third quarter of Fiscal 2021, ending October 31st.
For the period, the company posted consolidated net income of $5.14 billion on net revenue of $134.71 billion with an EPS of $1.80. Corresponding figures for Q3 of Fiscal 2020 were net income of $3.29 billion on total revenue of $127.99 billion and an EPS of $1.15.
Comparable same-store sales, (excluding fuel), attained 11.1 percent compared to 0.6 percent for the third quarter of Fiscal 2020. Transactions increased by 6.8 percent and the average ticket by 4.0 percent.
Walmart U.S. attained net sales of $88.4 billion with an operating income of $4.6 billion. Walmart International posted net sales of $29.6 billion with an adjusted operating income of $1.1 billion. Sam's Club acheived net sales of $15.8 billion with an operating income of $0.4 billion.
Walmart Inc. operates 11,400 stores under 55 banners in 26 nations in addition to Ecommerce website centers, Walmart employs 2.2 million and serves 265 million customers each week.
In commenting on third quarter results, Doug McMillon, President and CEO stated “This was another strong quarter on the top and bottom line. Our associates continue to impress during this challenging year. They are working together to serve customers and communities in new, relevant ways and we are very proud of them. We think these new customer behaviors will largely persist and we are well positioned to serve customers with the value and experience they are looking for.”
Walmart has a market capitalization of $423.28 billion. The stock has traded over a 52-week range of $102.00 to $153.40 with a 50-day moving average of $143.17.
The company achieved a trailing 12-month operating margin of 4.6 percent and a profit margin of 3.3 percent. Return on assets and equity are 6.6 percent and 22.9 percent respectively. On November 16th WMT closed at $152.44.