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Diluted EPS was $1.00, an increase of 2% over last year.
"We delivered a solid first quarter and we're encouraged by the start to the year. We're moving faster to combine our digital and physical assets to make shopping simple and easy for customers. Our plan is gaining traction, and I want to thank our associates for their hard work, ingenuity and commitment to our customers. Our customers have choices, and we have to earn their business with every interaction."
President and CEO, Walmart
Total revenue was $117.5 billion, an increase of 1.4%. Excluding currency2, total revenue was $118.8 billion, an increase of 2.5%.
Walmart U.S. comp sales1 increased 1.4%, driven by a traffic increase of 1.5%. Comp traffic increased 3.0% on a two-year stacked basis.
E-commerce growth at Walmart U.S. was strong as sales and GMV increased 63% and 69%, respectively. The majority of this growth was organic through Walmart.com.
Net sales at Walmart International were $27.1 billion, a decrease of 3.5%. Excluding currency2, net sales were $28.3 billion, an increase of 0.8%.
The company generated $5.4 billion in operating cash flow and returned $3.7 billion to shareholders through dividends and share repurchases.
(Amounts in millions, except as noted)
Revenue (constant currency)2
Operating income (constant currency)2
Free Cash Flow
Returns to Shareholders
Operating cash flow
Free cash flow2
Second quarter fiscal year 2018 EPS: $1.00 to $1.08, which excludes an estimated net benefit of approximately $0.05 from the sale of Suburbia, the company's apparel format in Mexico.
Comp sales for the 13-week period ending July 28, 2017:
Walmart U.S. (ex. fuel)2: +1.5% to +2.0%
Sam's Club (ex. fuel)2: +1.0% to +1.5%
May 18, 2017
The following information was filed by Walmart Inc. (WMT) on Thursday, May 18, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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