Walmart Inc. (WMT)

$ 129.82
   
  • Change Today:
    $0.68
  • 52 Week High: $159.87
  • 52 Week Low: $118.29
  • Currency: US Dollars
  • Shares Issued: 2,792.00m
  • Volume: 7,951,494
  • Market Cap: $362,457m
  • RiskGrade: 117

Walmart ups full-year guidance on strong third quarter

By Abigail Townsend

Date: Tuesday 16 Nov 2021

LONDON (ShareCast) - (Sharecast News) - US retail giant Walmart has upped its full-year earnings guidance ahead of the crucial festive shopping season, after a strong third quarter.
The group said on Tuesday that revenues had risen 4.3% to $140.5bn in the 13 weeks to 29 October, or by 3.3% to $139.2bn once currency fluctuations were stripped out.

Group operating income was largely flat at $5.8bn, impacted by divestitures, which contributed to a 20.1% decline in international net sales to $23.6bn.

Adjusted earnings per share were $1.45, compared to $1.34 a year previously

Chief executive Doug McMillon said: "Our momentum continues with strong sales and profit growth globally. Our omnichannel focus is pushing digital penetration to record levels. We gained market share in grocery in the US, and more customers and members are returning to our stores and clubs around the world.

"Looking ahead, we have the people, products and prices to deliver a great holiday season for customers."

The retailer now expects adjusted full-year EPS to be around $6.40, compared to prior guidance for between $6.20 and $6.35. Full-year US comparable sales are forecast to top 6% excluding fuel.

Walmart completed the sale UK supermarket chain Asda earlier this year to the Issa brothers for £6.8bn.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

WalMart Market Data

Currency US Dollars
Share Price $ 129.82
Change Today $ 0.68
% Change 0.53 %
52 Week High $159.87
52 Week Low $118.29
Volume 7,951,494
Shares Issued 2,792.00m
Market Cap $362,457m
RiskGrade 117

What The Brokers Say

Strong Buy 21
Buy 6
Neutral 10
Sell 0
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Total 37
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Trades for 11-Aug-2022

Time Volume / Share Price
16:00 886,671 @ $129.82
16:00 2,088 @ $129.71
15:59 5,700 @ $129.72
15:59 100 @ $129.72
15:59 200 @ $129.72

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