Wal- Mart Stores Earnings Call, Third Quarter 2009
17th November 2008 00:00 AM |
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| Despite economic difficulties, improved operating performance and capital efficiency contributed to stronger earnings and free cash flow. |
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| The retailer reported an 8% increase in sales to $98 billion reflecting the improved customer experience and sharper merchandising presentation. Earnings were $3.1 billion or 77 cents a share, up 9.8% in response to the favourable sales and are optimistic about the holiday season. |
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Wal- Mart Stores Earnings Call, Second Quarter 2009
17th August 2008 00:00 AM |
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| With the backdrop of a challenging global economic environment, the firm continued to focus on price leadership to drive value to customers. |
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| The retailer reported income of $3.4 billion or 86 cents a share, up 9.3% from $3.1 billion or 75 cents per share in 2007 as sales increased 10% to $101.6 billion. The underlying business remains sound as associates deliver on Wal-Mart’s mission to save people money so they can live better. Price leadership, enhanced customer service and operational improvements remained the primary drivers of sales growth worldwide, and contributed to earnings and free cash flow. |
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Wal-Mart First Quarter Earnings Call
17th May 2008 00:00 AM |
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| Consolidated gross margin was up 11 basis points for the first quarter, due primarily to the stronger performance of the Wal-Mart US business. |
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| The leading retail chain reported revenue of $94.1 billion, up 10.2% from last year, on 2.9% increase in same store sales. During the quarter, net income grew 7% over last year and earnings per share were 76 cents as against 68 cents in previous year. Wal-Mart’s operating expenses were up about 21 basis points over last year, due to higher utility costs, coupled with higher repairs and maintenance. For Q2, the firm expects US same store sales to increase in the range of flat to 2%. |
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Wal-Mart Stores Third Quarter Earnings Call Summary
15th November 2007 00:00 AM |
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| The company earned 70 cents per share, up from 62 cents a year ago. The 70 cents includes an after-tax gain equal to 1 cent per share. |
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| In the most recent quarter Wal-Mart had revenue of $91.95 billion, up 8.8% from $84.47 billion reported a year ago. Same-store sales, not counting fuel, were up 1.5% in the U.S. stores, unchanged from a year ago. The company expects same-store sales for the fourth quarter to increase no more than 2%. Overhead costs remained flat as Wal-Mart lifted its gross margin slightly to 23.8%. |
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Wal-Mart Second Quarter Earnings Call
6th September 2007 00:00 AM |
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| Earnings for the quarter were $3.11 billion, or 76 cents a share, compared with a profit of $2.08 billion, or 50 cents a share a year ago. |
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| Total revenue at the largest retailer in the world increased 8.9% from a year ago to $93.01 billion. Quarterly sales at the Wal-Mart and Sam''s Club stores, including international receipts, amounted to net sales of $91.99 billion, up 8.8% from last year. Membership and other income climbed 12.8% to $1.02 billion, while same-store sales rose 1.9% in the U.S., excluding volatile fuel sales. |
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