S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Retail

Walmart Earnings: Still The Best

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Some analysts thought that Walmart’s (WMT) earnings and outlook were a bit disappointing. They were actually excellent given the harsh retail environment in which the company operates. The fact that Walmart’s revenue went up at all was a triumph.

Net sales for the fourth quarter of fiscal year 2010 were $112.8 billion, an increase of 4.6 percent from $107.9 billion in the fourth quarter last year. The period ended January 31. EPS from continuing operations were $1.23. This compares to EPS of $0.96 in the fourth quarter last year.

Sales at Walmart stores in the US were down.5% to $71 billion for the quarter. International sales rose 20% to $29.6 billion. Sam’s Club sales were up 4% $12.3 billion. Net income at Sam’s Club dropped 30%. Walmart recently closed 10 Sam’s Club stores.

WMT expects diluted earnings per share from continuing operations attributable to Walmart for fiscal year 2011 to be between $3.90 and $4.00.  For the first quarter of this fiscal year, the company forecasts earnings per share from continuing operations attributable to Walmart to range from $0.81 to $0.85.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Paul Ausick |

Walmart Boosts US Sales for First Time in 7 Quarters

Walmart reported better-than-expected third-quarter fiscal 2015 results before markets opened Thursday morning.
How Walmart Earnings Beat Estimates
Paul Ausick |

How Walmart Earnings Beat Estimates

Walmart beat consensus estimates for third-quarter earnings per share and revenues and the retailing giant raised earnings guidance for the…
Why Walmart Earnings, Guidance Failed to Cheer Investors
Paul Ausick |

Why Walmart Earnings, Guidance Failed to Cheer Investors

Retail behemoth Walmart reported quarterly and fiscal year results this morning that were short of expectations. Guidance was also less…
What Surging Online Sales Mean for Walmart Investors
Paul Ausick |

What Surging Online Sales Mean for Walmart Investors

Walmart reported third-quarter results Thursday morning that beat bottom-line estimates but missed on the top line. U.S. e-commerce sales jumped…
Why Walmart Earnings Were Good Enough
Paul Ausick |

Why Walmart Earnings Were Good Enough

Walmart's first quarter results beat consensus earnings estimates by a penny and topped the revenue estimate as well. U.S. same-store…
Why Walmart Earnings Disappointed Investors
Paul Ausick |

Why Walmart Earnings Disappointed Investors

Walmart reported quarterly results this morning that beat earnings estimates by a penny a share and also beat revenue estimates.…
Paul Ausick |

Walmart Earnings Slammed by Weather

Walmart reported disappointing first-quarter 2015 results before markets opened Thursday morning due to severe weather in the United States.
Walmart Shows It Can Stand Up to Amazon
Paul Ausick |

Walmart Shows It Can Stand Up to Amazon

Walmart shares jumped to a new 52-week high in Thursday's premarket after reporting quarterly results that beat estimates and raising…
Paul Ausick |

Higher Wages, Higher Dividend May Not Be Good Enough for Wal-Mart

Wal-Mart reported better-than-expected fourth-quarter and fiscal year 2015 earnings before markets opened Thursday morning.

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618