Walmart beats top-line and bottom-line estimates; initiates Q1 and FY outlook

  • Walmart press release (NYSE:WMT): Q4 Non-GAAP EPS of $0.66 beats by $0.01.
  • Revenue of $180.6B (+4.2% Y/Y) beats by $1.6B.
  • Global eCommerce sales grew 16%, led by store fulfilled pickup & delivery and U.S. marketplace; growth negatively affected by timing of Flipkart’s Big Billion Days sales

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