Walmart Inc. (WMT)

$ 129.82
  • Change Today:
  • 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 fourth-quarter earnings beat expectations

By Michele Maatouk

Date: Thursday 17 Feb 2022

LONDON (ShareCast) - (Sharecast News) - US retail giant Walmart lifted its dividend on Thursday as it said it swung to a profit in the fourth quarter.
The company swung to a net profit of $3.6bn from a loss of $2.9bn in the same period a year ago, when it was hit by Covid-related costs. Revenue rose 0.5% to $152.9m and adjusted earnings per share were $1.53 during the quarter, coming in 3 cents ahead of analyst expectations.

Like-for-like sales rose 5.6%, but this was down from an 8.6% increase in the fourth quarter of the prior year.

The company declared an annual dividend of $2.24 per share, up 2% on the previous year. It also reiterated guidance for FY23 earnings per share growth in the mid-single digits, while comparable sales growth is seen at "slightly above" 3%.

President and chief executive officer Doug McMillon said: "We had another strong quarter to finish off a strong year. We have momentum in our business in all three segments. We're being aggressive with our plans and executing on the strategy. It's exciting to see how the teams are simultaneously navigating today's challenges and reshaping our business."

At 1345 GMT, the shares were up 0.7% in pre-market trade at $134.50.

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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
Strong Sell 0
Total 37
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

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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