Walmart Q2 adjusted EPS, revenue top estimates
Walmart reported Q2 adjusted EPS of $0.81 versus the IBES estimate of $0.74 and total revenue excluding FX impact of $187.94 billion versus $186.77 billion; U.S. comparable sales excluding fuel rose 2.6% versus 3.8% expected.
WALMART Q2 ADJ EPS $0.81 VS IBES ESTIMATE $0.74 || Q2 TOTAL REVENUES EX.
FX IMPACT $187.94 BLN VS IBES ESTIMATE $186.77 BLN || Q2 INCLUDED 750 BPS OF NET BENEFIT FROM TARIFF REFUNDS || Q2 U.S.
COMP SALES EX.
FUEL +2.6% VS IBES ESTIMATE +3.8% || Q2 U.S.
COMP SALES INCLUDE 80 BPS HEADWIND FROM HEALTH & WELLNESS || Q2 HEALTH & WELLNESS COMP SALES HIT BY 900 BPS IMPACT FROM MAXIMUM FAIR PRICE IMPLEMENTATION UNDER INFLATION REDUCTION ACT || Q2 ADJ EPS EXCLUDES EFFECTS, NET OF TAX, FROM NET LOSS OF $0.12 ON EQUITY & OTHER INVESTMENTS, NET BENEFIT OF $0.11 FROM TAX MATTER || Q2 CHINA COMP SALES +9.7%