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Walmart Misses Estimates (WMT)

Wal-Mart Stores Inc. (NYSE: WMT), the world’s largest retailer, posted fourth quarter and full year results this morning. For the quarter, the company reported EPS of $1.51, which includes about $0.07 of one-time benefits. The adjusted EPS of $1.44 is short of the consensus estimate of $1.46.

Revenue for the quarter came in at $122.3, again short of the consensus estimate of $124.2 billion. For the fiscal year, Walmart reported EPS of $4.54, including one-time benefits of $0.05. The adjusted EPS of $4.49 is exactly in-line with the consensus estimate. Sales fell short however, coming in at $443.9 billion compared with the consensus estimate of $447.3.

For the quarter, Walmart reported same-store sales rose 1.5% year-over-year.

The company guided EPS of $1.01-$1.06 for the first quarter and full-year EPS of $4.72-$4.92. The consensus estimate for EPS is $1.05 for the first quarter and $4.90 for the full year.

Walmart’s forecast is on the light side, and the pre-market is not enthusiastic. Shares are down nearly -2% at $61.32.

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