Inside WMT’s Results
The company reported earnings of $4.97 billion, or $1.53 per share, up from $4.43 billion, or $1.36 per share, a year ago. Earnings from continued operations totaled $1.61 per share – above analysts’ view of $1.54 per share.
Revenue rose 1.4% to $131.6 billion from $129.71 billion. Analysts expected to see revenue of $132.36 billion. Comparable sales for the 13-week period ended January 30 were up 1.5%.
The company now expects to see annual EPS between $4.70 and $5.05. Analysts expect to see EPS of $5.19.
Profits Are Up, but There Are Looming Concerns
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||0.86%|
|DODGX||Dodge & Cox Stock||0.58%|
|VFINX||Vanguard 500 Index||0.54%|
The Bottom Line
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