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Wal-Mart (WMT) Beats on Q4 Earnings and Sales

Highs and Lows Stock Data

Wal-Mart Stores, Inc.WMT is a multinational retailer that runs large department stores and warehouse store chains. The company has more than 11,600 stores in 28 countries.

Of late, Wal-Mart is delivering positive comps at Wal-Mart U.S., after delivering negative comps since the third quarter of fiscal 2013. Moreover, traffic improved for the eighth consecutive quarter, owing to the company's efforts to modernize stores for higher footfall and improvement in consumer spending. However, the company has been facing huge expense burden of late. Huge investments in e-commerce initiatives, higher wages and training costs increased expenses. This along with unfavorable currency is taking a toll on the results. Given these factors, investors were eagerly waiting for the company's latest earnings report.

This is especially true given the recent earnings estimate revisions for WMT as the consensus estimate has been declining since past 7 days. Nevertheless, WMT has an impressive earnings history. WMT has delivered positive earnings surprise in all the last four quarters, making for an average positive surprise of 5.10%.

Currently, WMT has a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here . The Zacks Rank could definitely change following Wal-Mart's earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: WMT posted earnings of $1.30 per share, beating our consensus of $1.29 per share. Investors should note that these figures take out stock option expenses.

Revenue: WMT posted revenues of $130.9 billion. This marginally beats our consensus estimate of $130.6 billion.

Key Stats to Note: Wal-Mart U.S. comparable store sales increased 1.8% in the fourth quarter, driven by 1.4% growth in traffic and 0.4% increase in ticket. Comp sales on the other hand increased 2.4% at the Sam's Club, without the impact of fuel, driven by growth in both ticket and traffic.

Stock Price: Shares of Wal-Mart increased 1.70% in the pre-market trading .

Check back later for our full write up on this WMT earnings report later!

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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