NEW YORK (TheStreet) -- Wal-Mart Stores (WMT) released its second-quarter earnings report on Aug. 14. Results were slightly above Wall Street expectations on the top line, with revenue coming in at $120.1 billion versus the Wall Street estimate of $119.1 billion. Earnings per share dropped from the same quarter last year, falling from $1.23 a year ago to $1.21 in the most recent quarter.
Shares, at near $75, are down nearly 5% for the year to date, but are up over 1% for the past 52 weeks.
Walmart's comparable-store sales in the U.S. were unchanged year-over-year, which garnered much of the attention by investors as it stopped the streak of domestic sales declines that began in 2013.
Read More: 10 Stocks Carl Icahn Loves in 2014 However, what largely got lost in the shuffle were the encouraging results internationally and how they came to fruition. 1. Comparable-Store Sales Growth The company experienced positive comparable-store sales growth in four of its five largest international markets in the second quarter.
- United Kingdom - 2.0% increase
- Canada - 1.9% increase
- Mexico - 0.2% increase
- Brazil - 9.7% increase
Walmart's ticket growth is shown below:
- United Kingdom - 0.3%
- Canada - 1.3%
- Mexico - 2.1%
- Brazil - 9.7%
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