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Stock impact report

Walmart Earnings Top As E-Commerce Sales Growth Accelerates [Investor's Business Daily]

Advance Auto Parts Inc. (AAP) 
Last advance auto parts inc. earnings: 2/18 06:30 am Check Earnings Report
Related news Walmart ( WMT ) reported better-than-expected third-quarter earnings amid solid same-store sales and accelerating e-commerce growth even as overall revenue were in line. The Dow Jones retail giant raised full-year earnings guidance. Walmart stock edged higher, holding in a buy zone. Estimates : Wall Street had expected Walmart earnings to rise 2% to $1.02 a share on 1.3% revenue growth to $124.856 billion, according to Zacks Investment Research. Some consensus forecasts had sales above $125 billion. Results : Walmart earnings climbed 8% to $1.08 per share. Revenue rose 1.4% to $124.89 billion. U.S. same-store sales advanced 3.4%. E-commerce sales rose 43% vs. a year earlier after a 40% online sales jump in Q2. Outlook: Walmart sees full-year EPS of $4.75-$4.85, up from its prior target of $4.65-4.80 including its recently acquired Flipkart. Analysts expected $4.77. Given the Q3 EPS beat, Walmart essentially is leaving its holiday Q4 EPS target alone. "We have momentum Show less Read more
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