Walmart (WMT) reported fiscal Q1 adjusted earnings of $1.47 per diluted share, up from $1.30 a year earlier.
Analysts polled by Capital IQ expected $1.32.
Net sales for the quarter ended April 30 were $151 billion, up from $140.29 billion a year earlier.
Analysts surveyed by Capital IQ expected $147.91 billion.
For fiscal Q2, Walmart estimates $1.63 to $1.68 in adjusted EPS and net sales growth of roughly 4%. Analysts surveyed by Capital IQ expect adjusted earnings of $1.70 per share.
For fiscal-year 2024, the company now expects adjusted EPS of $6.10 to $6.20 and net sales growth of roughly 3.5%. It previously expected adjusted EPS of $5.90 to $6.05 and 2.5% to 3% in sales growth. Analysts polled by Capital IQ expect adjusted EPS of $6.14.