NEW YORK (TheStreet) -- Wal-Mart Stores Inc. (WMT - Get Report) CEO Doug McMillon said the retailer may use 3-D printers for producing supplies and might even make an acquisition in the market, Bloomberg reports..
"Three-D printing is interesting to me," he said today at the Code Conference in California. "We can use 3-D printing over time for replacement parts."
In response to a question on Wal-Mart buying 3-D printing companies, McMillon said it might make sense "in some cases." More generally, the retailer is planning to ramp up acquisitions and partnerships, he said.
- WMT's revenue growth has slightly outpaced the industry average of 6.6%. Since the same quarter one year prior, revenues slightly increased by 0.7%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- Net operating cash flow has increased to $5,939.00 million or 21.35% when compared to the same quarter last year. In addition, WAL-MART STORES INC has also modestly surpassed the industry average cash flow growth rate of 11.98%.
- WAL-MART STORES INC' earnings per share from the most recent quarter came in slightly below the year earlier quarter. The company has suffered a declining pattern of earnings per share over the past year. However, we anticipate this trend reversing over the coming year. During the past fiscal year, WAL-MART STORES INC reported lower earnings of $4.86 versus $5.01 in the prior year. This year, the market expects an improvement in earnings ($5.15 versus $4.86).
- The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Food & Staples Retailing industry and the overall market, WAL-MART STORES INC's return on equity exceeds that of both the industry average and the S&P 500.
- You can view the full analysis from the report here: WMT Ratings Report