{"id":494759,"date":"2021-05-18T07:02:16","date_gmt":"2021-05-18T11:02:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/walmart-u-s-q1-comp-sales-grew-6-0-16-0-on-a-two-year-stack\/"},"modified":"2021-05-18T07:02:16","modified_gmt":"2021-05-18T11:02:16","slug":"walmart-u-s-q1-comp-sales-grew-6-0-16-0-on-a-two-year-stack","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/walmart-u-s-q1-comp-sales-grew-6-0-16-0-on-a-two-year-stack\/","title":{"rendered":"Walmart U.S. Q1 comp sales grew 6.0%; 16.0% on a two-year stack"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistcircle { list-style-type: circle }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Walmart U.S. Q1 comp sales grew 6.0%; 16.0% on a two-year stack<\/b><\/p>\n<p class=\"bwalignc\"><b>Q1 FY22 GAAP EPS of $0.97; Adjusted EPS of $1.69<br \/>\n<br \/>Walmart U.S. eCommerce sales increased 37%<br \/>\n<\/b><br \/><b>Walmart U.S. gains market share in grocery<br \/>\n<br \/>Company raises outlook for Q2 and full-year<\/b><\/p>\n<p>BENTONVILLE, Ark&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nWalmart Inc. (NYSE: WMT):\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210518005590\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210518005590\/en\/<\/a><\/p>\n<p><b>First-quarter highlights:<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nTotal revenue was $138.3 billion, an increase of $3.7 billion, or 2.7%. Revenue was negatively affected by approximately $4.2 billion related to recent divestitures in Walmart International. Excluding currency, total revenue would have increased 2.1% to reach $137.4 billion.\n<\/li>\n<li>\nWalmart U.S. comp sales increased 6.0% with market share gains in grocery. Operating income increased 26.8%.\n<\/li>\n<li>\nWalmart U.S. eCommerce sales grew 37% with strong results across all channels, contributing approximately 360 basis points to comp sales. Sales more than doubled over the last two years.\n<\/li>\n<li>\nSam\u2019s Club comp sales increased 7.2%, and eCommerce sales grew 47%. Reduced tobacco sales negatively affected comp sales by approximately 340 basis points. Membership income increased 12.7%, and total member count reached an all-time high.\n<\/li>\n<li>\nWalmart International net sales were $27.3 billion, a decrease of $2.5 billion, or 8.3%, and eCommerce sales increased 49%. Net sales were negatively affected by $4.2 billion, or 14.1%, related to recent divestitures, and changes in currency exchange rates positively affected net sales by approximately $0.9 billion.\n<\/li>\n<li>\nConsolidated gross profit rate increased 104 basis points, led by strength in Walmart U.S., while consolidated operating expenses as a percentage of net sales was relatively flat.\n<\/li>\n<li>\nConsolidated operating income was $6.9 billion, an increase of 32.3%, with strength across the company. Recently divested businesses in the U.K. and Japan contributed operating income of $289 million, or $0.07 of EPS.\n<\/li>\n<li>\nAdjusted EPS excludes the effects, net of tax, of:<\/p>\n<ul class=\"bwlistcircle\">\n<li>\nnet losses on equity investments of $0.57; and\n<\/li>\n<li>\nan incremental loss on the sale of our operations in the U.K. and Japan of $0.15\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>\nThe company will hold a live conference call with the Investment Community at 7 a.m. CDT on Tuesday, May 18, 2021, to discuss the company\u2019s first quarter earnings results for fiscal year 2022. The event will be webcast live and accessible by logging onto <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fcorporate.walmart.com%2Fnewsroom%2Ffinancial-events&amp;esheet=52431029&amp;newsitemid=20210518005590&amp;lan=en-US&amp;anchor=https%3A%2F%2Fcorporate.walmart.com%2Fnewsroom%2Ffinancial-events&amp;index=1&amp;md5=8712e302a0d4c0bf10ab737b13bd7cce\">https:\/\/corporate.walmart.com\/newsroom\/financial-events<\/a> and selecting the First Quarter Earnings Release event.\n<\/p>\n<p><b>About Walmart<\/b><\/p>\n<p>\nWalmart Inc. (NYSE: WMT) helps people around the world save money and live better &#8211; anytime and anywhere &#8211; in retail stores, online, and through their mobile devices. Each week, approximately 220 million customers and members visit approximately 10,500 stores and clubs under 48 banners in 24 countries and eCommerce websites. With fiscal year 2021 revenue of $559 billion, Walmart employs over 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Furldefense.com%2Fv3%2F__https%3A%2Fcorporate.walmart.com%2F__%3B%21%21N96JrnIq8IfO5w%211_PYWQfMdNJ5cADpnGflF8ScHlx5f-W_4dSlnGjOtrrZEUHJV7uK03B5koEG%24&amp;esheet=52431029&amp;newsitemid=20210518005590&amp;lan=en-US&amp;anchor=corporate.walmart.com&amp;index=2&amp;md5=b1ca11468a0a710dd0689e494a01b210\">corporate.walmart.com<\/a>, on Facebook at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Furldefense.com%2Fv3%2F__http%3A%2Ffacebook.com%2Fwalmart__%3B%21%21N96JrnIq8IfO5w%211_PYWQfMdNJ5cADpnGflF8ScHlx5f-W_4dSlnGjOtrrZEUHJV7uK0_iIV3_D%24&amp;esheet=52431029&amp;newsitemid=20210518005590&amp;lan=en-US&amp;anchor=facebook.com%2Fwalmart&amp;index=3&amp;md5=a9a4df7d79119ecf84eb34de470e855b\">facebook.com\/walmart<\/a> and on Twitter at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Furldefense.com%2Fv3%2F__http%3A%2Ftwitter.com%2Fwalmart__%3B%21%21N96JrnIq8IfO5w%211_PYWQfMdNJ5cADpnGflF8ScHlx5f-W_4dSlnGjOtrrZEUHJV7uK03AiV6H4%24&amp;esheet=52431029&amp;newsitemid=20210518005590&amp;lan=en-US&amp;anchor=twitter.com%2Fwalmart&amp;index=4&amp;md5=a8361db38d12beddfc4968f0378d7cca\">twitter.com\/walmart<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210518005590r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210518005590\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210518005590\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations Contacts<br \/>\n<\/b><br \/>Dan Binder, CFA<br \/>\n<br \/>Vice President, Investor Relations<br \/>\n<br \/>479-277-0485\n<\/p>\n<p>\nKary Brunner<br \/>\n<br \/>Sr. Director II, Investor Relations<br \/>\n<br \/>479-381-9268\n<\/p>\n<p><b>Media Relations Contact<br \/>\n<\/b><br \/>Randy Hargrove<br \/>\n<br \/>Sr. Director, Global Communications<br \/>\n<br \/>800-331-0085\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Arkansas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Fashion Online Retail Retail Discount\/Variety Home Goods Supermarket Food\/Beverage<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210518005590\/en\/839219\/3\/logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Walmart U.S. Q1 comp sales grew 6.0%; 16.0% on a two-year stack Q1 FY22 GAAP EPS of $0.97; Adjusted EPS of $1.69 Walmart U.S. eCommerce sales increased 37% Walmart U.S. gains market share in grocery Company raises outlook for Q2 and full-year BENTONVILLE, Ark&#8211;(BUSINESS WIRE)&#8211; Walmart Inc. (NYSE: WMT): This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210518005590\/en\/ First-quarter highlights: Total revenue was $138.3 billion, an increase of $3.7 billion, or 2.7%. Revenue was negatively affected by approximately $4.2 billion related to recent divestitures in Walmart International. Excluding currency, total revenue would have increased 2.1% to reach $137.4 billion. Walmart U.S. comp sales increased 6.0% with market share gains in grocery. Operating income increased 26.8%. Walmart U.S. eCommerce &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/walmart-u-s-q1-comp-sales-grew-6-0-16-0-on-a-two-year-stack\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Walmart U.S. Q1 comp sales grew 6.0%; 16.0% on a two-year stack&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-494759","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Walmart U.S. Q1 comp sales grew 6.0%; 16.0% on a two-year stack - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/walmart-u-s-q1-comp-sales-grew-6-0-16-0-on-a-two-year-stack\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Walmart U.S. Q1 comp sales grew 6.0%; 16.0% on a two-year stack - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Walmart U.S. Q1 comp sales grew 6.0%; 16.0% on a two-year stack Q1 FY22 GAAP EPS of $0.97; Adjusted EPS of $1.69 Walmart U.S. eCommerce sales increased 37% Walmart U.S. gains market share in grocery Company raises outlook for Q2 and full-year BENTONVILLE, Ark&#8211;(BUSINESS WIRE)&#8211; Walmart Inc. (NYSE: WMT): This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210518005590\/en\/ First-quarter highlights: Total revenue was $138.3 billion, an increase of $3.7 billion, or 2.7%. Revenue was negatively affected by approximately $4.2 billion related to recent divestitures in Walmart International. Excluding currency, total revenue would have increased 2.1% to reach $137.4 billion. Walmart U.S. comp sales increased 6.0% with market share gains in grocery. Operating income increased 26.8%. 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16.0% on a two-year stack - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/walmart-u-s-q1-comp-sales-grew-6-0-16-0-on-a-two-year-stack\/","og_locale":"en_US","og_type":"article","og_title":"Walmart U.S. Q1 comp sales grew 6.0%; 16.0% on a two-year stack - Market Newsdesk","og_description":"Walmart U.S. Q1 comp sales grew 6.0%; 16.0% on a two-year stack Q1 FY22 GAAP EPS of $0.97; Adjusted EPS of $1.69 Walmart U.S. eCommerce sales increased 37% Walmart U.S. gains market share in grocery Company raises outlook for Q2 and full-year BENTONVILLE, Ark&#8211;(BUSINESS WIRE)&#8211; Walmart Inc. (NYSE: WMT): This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210518005590\/en\/ First-quarter highlights: Total revenue was $138.3 billion, an increase of $3.7 billion, or 2.7%. Revenue was negatively affected by approximately $4.2 billion related to recent divestitures in Walmart International. Excluding currency, total revenue would have increased 2.1% to reach $137.4 billion. Walmart U.S. comp sales increased 6.0% with market share gains in grocery. Operating income increased 26.8%. 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