February 21, 2023 – Walmart(NYSE:WMT) reported revenue ,earnings in Fiscal Q4 2023 and 2023 full-year and provides outlook for Q1 and FY24.
Walmart(NYSE:WMT) reported fiscal Q4 adjusted earnings of $1.71 per share and GAAP earnings of $2.32 per diluted share, Analysts polled by Capital IQ expected $1.51 in adjusted EPS and $1.52 in GAAP EPS.
Revenue for the quarter ended Jan. 31 was $164.05 billion, Analysts surveyed by Capital IQ estimated $158.67 billion.
For fiscal Q1, Walmart estimated $1.25 to $1.30 in adjusted EPS and sales growth of 4.5% to 5%. Analysts surveyed by Capital IQ expect earnings of $1.37 on revenue of $145.83 billion.
For the full fiscal year, the company projected adjusted EPS of $5.90 to $6.05 and 2.5% to 3% in sales growth.
Walmart said its board approved an annual cash dividend of $2.28 per share for fiscal 2024, up from $2.24 in the preceding year.
Fourth-quarter highlights
Walmart Raises Quarterly Dividend From $0.56 To $0.57/Share.
Total revenue was $164.0 billion, up 7.3%。
GAAP EPS of $2.32; Adjusted EPS of $1.71。
Fiscal 2024 Q1 guidance
estimated $1.25 to $1.30 in adjusted EPS and sales growth of 4.5% to 5%.
Fiscal 2024 full year guidance
For the full fiscal year, the company projected adjusted EPS of $5.90 to $6.05 and 2.5% to 3% in sales growth.
Segment results
Walmart Inc. Condensed Consolidated Statements of Income
About Walmart
Walmart 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, approximately 240 million customers and members visit more than 10,500 stores and numerous eCommerce websites in 20 countries. With fiscal year 2023 revenue of $611 billion, Walmart employs approximately 2.1 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 https://corporate.walmart.com, on Facebook at https://facebook.com/walmart, on Twitter at https://twitter.com/walmart, and on LinkedIn at https://www.linkedin.com/company/walmart/.