|
In reviewing segments of the company, Walmart U.S. attained net sales of $98,200 million with an operating income of $6,100 million. Comparative sales, excluding fuel, increased by 5.2 percent with a 6.1 percent gain in transactions offset by a lower average ticket of 0.8 percent.
 For Walmart International, net sales attained $23,000 million with an operating income of $900 million. Sam’s Club generated net sales of $18,600 million with an operating income of $700 million. Comparative sales excluding fuel increased by 7.7 percent with transactions and average ticket increasing by 5.1 percent and 2.5 percent respectively.
Addressing Q3 FY2022 guidance, Walmart projected comparative sales growth to range from 6 to 7 percent and EPS from $1.30 to $1.40.
In commenting on results, Doug McMillon, President and CEO stated, "we had another strong quarter in every part of our business. Our global E-commerce sales are on track to reach $75 billion by the end of the year strengthening our position as a leader in omnichannel". He added, "we grew market share in the U.S. grocery, added thousands of new sellers to our marketplace and rapidly grew advertising business around the world".
Walmart has a market capitalization of $417,801 million. The company has traded over the past fifty-two weeks in a range of $126.28 to $153.66 with a 50-day moving average of $143.05. WMT trades with a forward P/E of 25.8. On a trailing 12-month basis, return on assets was 7.6 percent and 15.7 percent on equity. The company generated an operating margin of 5.1 percent and a profit margin of 2.2 percent.
Heirs of the founder, Sam Walton and other insiders own 49.3 percent of the equity with 31.4 held by institutions.
|