NEW YORK (TheStreet) -- Walmart Stores (WMT - Get Report) International President and CEO David Cheesewright announced new initiatives to jump start the company's international business by creating a platform for sustainable growth in China, turning around operations in Brazil, rejuvenating Mexico and driving e-commerce, the Wall Street Journal reports.
Sales at Walmart's 6,100 international stores rose 1.3% in the year ended January 31, showing the slow turnaround in the international division as the company faces regulatory hurdles in China and a setback in opening stores in India, the Journal said.
Shares of Walmart are up 1.63% to $74.05.
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- WMT's revenue growth has slightly outpaced the industry average of 4.3%. Since the same quarter one year prior, revenues slightly increased by 0.8%. 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 13.84%.
- 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 ($5.16 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