Walmart Reports Q3 FY17 Earnings

Wal-Mart Stores, Inc. (NYSE: WMT):

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Walmart reports Q3 FY17 earnings

Walmart reports Q3 FY17 earnings
  • Diluted EPS was $0.98. Currency negatively impacted EPS by approximately $0.03.
  • Total revenue was $118.2 billion, an increase of 0.7%. On a constant currency basis, total revenue was $120.3 billion, an increase of 2.5%.
  • Walmart U.S. comp sales increased 1.2%, driven by a traffic increase of 0.7%. Neighborhood Market comp sales increased approximately 5.2%.
  • Net sales at Walmart International were $28.4 billion, a decrease of 4.8%. Excluding currency impacts, net sales were $30.5 billion, an increase of 2.4%.
  • Globally, on a constant currency basis, e-commerce sales and GMV increased 20.6% and 16.8%, respectively, representing continued acceleration. Excluding Yihaodian, GMV increased 28.6%.
  • Consolidated operating income decreased 10.4%. As expected, investments in people and technology, as well as currency exchange rate fluctuations negatively impacted results. Excluding last year's lease accounting benefit of $156 million, operating income decreased 7.9%.
  • Year-to-date operating cash flow was $19.6 billion and free cash flow was $12.2 billion, both approximately $5 billion higher than last year led by improved working capital management.
  • The company returned just under $3 billion to shareholders during the quarter through dividends of $1.5 billion and share repurchases of $1.4 billion.

Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, nearly 260 million customers and members visit our 11,593 stores under 63 banners in 28 countries and e-commerce websites in 11 countries. With fiscal year 2016 revenue of $482.1 billion, Walmart employs approximately 2.4 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting on Facebook at and on Twitter at

Along with this press release, Walmart makes available a recorded call with executive leaders and a financial presentation to review the business results, provide strategic updates, and comment on expectations for the future. We provide that call in both audio form and in a written transcript. Details on accessing the call are as follows:

877-523-5612 (U.S. and Canada)201-689-8483 (other countries)Passcode: 9256278 (Walmart)MP3 @ call is archived at

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