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Walmart Reports Revenue Grew In 2Q Of FY 2018

August 17, 2017: 12:00 AM EST
Walmart reported total revenue grew 2.1 percent, or $2.5 billion, to $123.4 billion in the second quarter of fiscal 2018. With currency excluded, total revenue for the period was $124.4 billion, an increase of 2.9 percent or $3.5 billion. Walmart U.S.'s comparative sales rose 1.8 percent, with customer traffic rising 1.3 percent. Walmart International posted net sales of $28.3 billion, a decline of 1.0 percent compared with the same period in the previous year.
"Walmart U.S. Q2 comps grew 1.8% and Walmart U.S. eCommerce GMV2 grew 67%, Company reports Q2 FY18 GAAP EPS of $0.96; Adjusted EPS3 of $1.08", Walmart, August 17, 2017, © Wal-Mart Stores, Inc.
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