WMT vs. DLTR vs. DG vs. BIG vs. TGT

 

=Walmart (WMT) reported earnings on Thur 19 Feb 21 (b/o)

 

Walmart misses by $0.12, beats on revs; US comps +8.6%; will raise average associate average to above $15 per hour (starting wages will remain at $11/hour); approves new $20 bln share repurchase; provides FY22 guidance 

Reports Q4 (Jan) adjusted earnings of $1.39 per share, excluding non-recurring items, $0.12 worse than the S&P Capital IQ Consensus of $1.51; revenues rose 7.3% year/year to $152.1 bln vs the $147.02 bln S&P Capital IQ Consensus. Decision to repay property tax relief in the U.K. lowered GAAP EPS and Adjusted EPS by $0.07; COVID-related costs were $1.1 billion in Q4.

Walmart will also invest in U.S. wages, raising the associate average to above $15 per hour (starting wages will remain at $11/hour).

Walmart U.S. comp sales increased 8.6% with strength across most key categories.

Walmart U.S. eCommerce sales increased 69% with strong results across all channels.

Co approved a new $20 billion share repurchase program and increased dividend.

Co provides FY22 guidance: Co expects FY22 EPS to "decline slightly" from levels of FY21 (Flat to up slightly, excluding divestitures); sees FY22 decline in constant currency sales; sees Walmart U.S., up low single-digits, ex. fuel.

Earnings this week : Feb 15 - 19, 2021 (wk 7)

Earnings spotlight: 

• CVS Health (NYSE:CVS), US Foods (NYSE:USFD), AutoNation (NYSE:AN), AIG (NYSE:AIG) and Occidental Petroleum (NYSE:OXY) on February 16; 
• Analog Devices (NASDAQ:ADI), Baidu (NASDAQ:BIDU), Shopify (NYSE:SHOP) and Hilton Worldwide (NYSE:HLT) on February 17;
•  Walmart (WMT), Southern Company (NYSE:SO), Applied Materials (NASDAQ:AMAT) and Roku (NASDAQ:ROKU) on February 18;
•  Magna International (NYSE:MGA) and Deere (NYSE:DE) on February 19.

=Walmart (WMT) reported earnings on Thur 14 Nov 19 (b/o)

Walmart beats by $0.07, reports revs in-line, U.S. comps +3.2%; raises FY20 Adj-EPS outlook

Reports Q3 (Oct) earnings of $1.16 per share, excluding non-recurring items, $0.07 better than the S&P Capital IQ Consensus of $1.09; revenues rose 2.5% year/year to $126.98 bln vs the $128.08 bln S&P Capital IQ Consensus.

All three business segments delivered solid sales growth, with Walmart International's constant currency sales up nearly five percent and Walmart U.S. comp sales up 3.2% (vs. estimates for up 3.1%).

Updated Outlook:

• We now expect FY20 adjusted EPS, including Flipkart, to be up slightly compared to our prior guidance of "down slightly to up slightly". Excluding Flipkart, FY20 adjusted EPS is expected to increase by a high 16 single-digit percentage range versus our prior guidance of a "mid to high single-digit percentage increase."
• Expectations for the dilution from Flipkart remain unchanged, excluding a non-cash impairment charge.
• As always, we have several assumptions in our guidance, including that economic conditions, currency rates, and the tax and regulatory landscape remain generally consistent. We have not included any potential change in the future value of our investment in JD.com. Also, we're still assessing the ongoing civil unrest in Chile and have not included any related potential discrete financial effects in our assumptions. We expect currency to be a continued headwind in Q4. Based on current exchange rates, we estimate net sales will be slightly negatively affected by about $100 million in the fourth quarter.
• We're continuing to monitor the ongoing tariff discussions and are hopeful that an overarching long-term agreement can be reached. Our merchants continue to execute appropriate mitigation strategies as our goal is to be the low-price leader.

Earnings this week : Nov 11 - 15, 19 (wk 46)

Monday (Nov 11)

• Morning: FOLD CRR QRTEA
• Afternoon: APYX DXC FGEN FLNT FNV FTK GO HBM ICUI TDW TERP TME UGI

Tuesday (Nov 12)

• Morning: AAP ACM AEIS BPMP CBS CNNE CRON CVET DF DHI DPLO DSKE EBIX EDIT EGRX EPC ERJ GTT IAA IIVI INFN KEM MPAA OSTK PSN RDNT ROK SAGE SE TSN XON
• Afternoon: ADPT ADT APEI BREW CBPX CDLX CPRX DDOG DOX HALO HCAT HIIQ HTHT HUYA KWR MCRN MTSI OMER PTE RUN SCSC SDC SENS SSTI SWKS TLRY TVTY TWOU VRAY VREX YY

Wednesday (Nov 13)

• Morning: BEST CAE CMCM ENR FVRR GOOS LK MTOR SPB SSYS TSEM VIPS
• Afternoon: BZH CHNG CBPO CSCO CPA HI HOLI NTAP PSNL PRSP TGP TNK TTEK TCOM

Thursday (Nov 14)

• Morning: BAM CHC CTRA GDS IGT NBEV NICE RUBY SINA TUFN VIAB WMT WB WIX ZEAL
• Afternoon: AMAT AXNX DLB FTCH FSM GLOB HP KLIC NVDA VFF WPM

Friday (Nov 15) 

• Morning: JCP JD

Green Dot (GDOT) and Walmart extend relationship through two agreements

 

 

Green Dot and Walmart extend relationship through two agreements

First, Walmart and Green Dot have entered into an agreement whereby Green Dot will continue to serve as the issuing bank and program manager for the Walmart MoneyCard program for an additional period of 7 years. The new agreement will take effect on January 1, 2020 and will replace the current agreement, which would have otherwise expired in May 2020. Since launching in 2006, the Walmart MoneyCard has grown into the largest retailer exclusive prepaid account program in the United States.

Additionally, Walmart and Green Dot have agreed to jointly establish a new fintech accelerator under the name "TailFin Labs, LLC," with its mission to develop innovative products, services and technologies that sit at the intersection of retail shopping and consumer financial services.

** GDOT before **

-=Amazon.com (AMZN) eliminates its $14.99 monthly fee for grocery delivery to Amazon Prime members

The shares of some grocery sellers fell Tuesday, in the wake of Amazon.com Inc.'s (AMZN) announcement that it was eliminating its $14.99 monthly fee for grocery delivery to Amazon Prime members.

Kroger Co. (KR) dropped 1.4%, after closing Monday at a 4-week high.
Sprouts Farmers Market (SFM, -1.38% fell 0.6%, Target Corp. TGT, -0.98% slipped 0.2% and Walmart Inc. WMT, -1.07% lost 0.4%, while Costco Wholesale Corp. COST, -0.22% inched up less than 0.1%. Amazon shares eased 0.2%.

AMZN,KR,SFM,TGT,COST,WMT

=Wal-Mart (WMT) reported earnings on Thur 15 Aug 2019 (b/o)

Wal-Mart beats by $0.05, reports slightly ahead of estimates; Q2 comps of +2.8% beat estimates; raises FY20 EPS guidance

Reports Q2 (Jul) earnings of $1.27 per share, excluding non-recurring items, $0.05 better thanthe S&P Capital IQ Consensus of $1.22; revenues rose 2.6% year/year to $130.4 bln vs the $129.32 bln S&P Capital IQ Consensus.

Q2 comps +2.8% which is ahead of Street expectations.

Walmart U.S. comp sales increased on a two-year stacked basis by 7.3%, which is the strongest growth in more than 10 years. Segment operating income increased 4%, marking the fifth consecutive quarter of growth.

Walmart U.S. eCommerce sales growth of 37% includes strong growth in online grocery.

FY20 adjusted EPS is now expected to range between a slight decrease and a slight increase compared with FY19 adjusted EPS. Prior guidance was down low single digits. Capital IQ consensus calls for EPS decline of 1.4%.

Earnings this week : Aug 12 - 16, 19 (wk 33)

Notable earnings reports:

• Barrick Gold (NYSE:GOLD), Sysco (NYSE:SYY), on August 12;
• JD.com (NASDAQ:JD), Tilray (NASDAQ:TLRY),  Grocery Outlet (GO), Huya (HUYA) and Brinker International on August 13; 
•  Myriad Genetics (MYGN), Sundial Growers (SNDL), Canada Goose (GOOS), Cisco Systems (NASDAQ:CSCO), Macy's (NYSE:M), Agilent Technologies (NYSE:A), Luckin Coffee (NASDAQ:LK), Canopy Growth (CGC)
   and Tencent (OTCPK:TCEHY) on August 14; 
• Tapestry (TPR), Nvidia (NASDAQ:NVDA), Alibaba (BABA) and Wal-Mart (WMT), Briggs & Stratton (BGG), Canadian Solar (CSIQ), PagSeguro Digital (PAGS),  Applied Materials (NASDAQ:AMAT), Nio (NYSE:NIO) and Madison Square Garden (NYSE:MSG) on August 15; 
• Deere (NYSE:DE) on August 16.

--=Wal-Mart (WMT) reported earnings on Tue 19 Feb 2019 (b/o)

Wal-Mart beats by $0.08, reports revs in-line; reaffirms FY20 guidance; increases dividend 2% 

• Reports Q4 (Jan) earnings of $1.41 per share, excluding non-recurring items, $0.08 better than the S&P Capital IQ Consensus of $1.33; revenues rose 1.9% year/year to $137.74 bln vs the $137.63 bln S&P Capital IQ Consensus. Walmart U.S. Q4 comp sales grew 4.2% vs. +3.2% ests and Walmart U.S. eCommerce sales grew 43%; Walmart U.S. comp sales on a two-year stack of 6.8% is the strongest growth in 9 years. Walmart U.S. eCommerce continued to benefit from the expansion of grocery pickup and delivery and a broader assortment on Walmart.com. Sam's Club comp sales increased 3.3%, and eCommerce sales grew 21%.
• Co reaffirms guidance for FY20, sees EPS down low-single digits from $4.91, excluding non-recurring items, vs. $4.71 S&P Capital IQ Consensus. Net sales growth of at least 3% in constant currency, affected: Positively by the acquisition of Flipkart, negatively by deconsolidation of Walmart Brazil, negatively by planned tobacco sales reduction at Sam's Club. Comp sales growth: Walmart U.S.: +2.5-3.0%, excluding fuel vs. +2.7% estimates; Sam's Club: around +1%, excluding fuel; around +3%, excluding fuel and tobacco; Walmart U.S. eCommerce net sales growth Around 35%; Walmart International net sales growth Around 5% in constant currency Consolidated Operating Income: Decline by a low single-digit%age range, including Flipkart; Increase by a low single-digit%age range, excluding Flipkart
• Approved an annual cash dividend for fiscal year 2020 of $2.12 per share, an increase of ~two% from the $2.08 per share paid for the last fiscal year.

Earnings this week : Feb. 18 - 22, 2019 (wk 8)

Earnings confirmed to report this week:

Monday (Feb 18) 

• (Holiday) U.S. Market Closed

Tuesday (Feb 19)

• Morning: AAP ALLE WTR AAWW CLR CTB CEQP ECL FELE FDP GDI GPC HLX HIMX HEP HOLI JELD LDOS DOOR MDT NEO NBL SAGE SCI SITE TTS TSEM RIG USAC WMT
• Afternoon: ACC AWK CDNS CRMT CXW DVN  FIVN HLF HST HSTM HVT INST KAR KRG LC LMAT LNTH LZB NTB NVTA RARE SSTI TILE TVTY TXRH VRSK WIRE

Wednesday (Feb 20)

• Morning: ADI AROC BHC BDC CNDT CVS ETR FMS GCI GRMN GEL GVA HSIC HFC IPHS I LAMR NI OMI OC QUAD SAH SO TRGP VNTR VPG WIX WWW
• Afternoon: A ALB ATR AXTI CAI CAKE CAR  CBLK CDE CECO CHE CLI CONE CUTR CYH FLS FTI GDDY GDOT GHDX IAG ICLR INOV IVR JACK KALU LASR LOPE MANT MMI NDSN NE NTES NUVA O OR PAAS PEGA PI QEP RGR ROG RPT SAM SEDG TMST TRN TSLX TYL UFPI VIPS VMI WK WPG WPX WRI XEC Y

Thursday (Feb 21)

• Morning:  BRC DIN DLPH DPZ FND GIL GOGO HL HRL ITGR NCLH NEM PLAB PWR RGEN ROCK RS SFM SGMs STOR TFX VG WEN
• Afternoon:  AAOI ACIA ADSW AL AMH ANIK APPN ATUS BEAT BIDU BJRI BMRN BOOM BYD CASA CATM CBPX CENX CHSP COLD CUBE CWST CZR DBX DXCM EBS ECOL ED EGO  ENV EVRG EXAS FIX FLR FSLR GMED HALO HCC HPE HTGC INFN INT INTU IQ KEYS KHC LNT LPSN MATX MDRX NCMI NVRO OLED PAGS PBA PE PRA RMAX ROKU SBAC SEM SSRM STMP SWM TGH TTD TXMD UCTT VERI VLRS XOG

Friday (Feb 22)

• Morning: AN ASIX B CNK COG COT ERF ETM HMSY ITT MGA MNTA PNW RCM RUTH RY TDS TVPT USM W WPC

=Wal-Mart (WMT) reported earnings on Thur 16 Aug 2018 (b/o)

Wal-Mart beats by $0.07, beats on revs; raises FY19 guidance

• Reports Q2 (Jul) earnings of $1.29 per share, excluding non-recurring items, $0.07 better than the S&P Capital IQ Consensus of $1.22; revenues rose 4.2% year/year to $127.06 bln vs the $124.67 bln S&P Capital IQ Consensus.
• U.S. comps were +4.5% vs. estimates for +2.4%, led by the performance of grocery, apparel and seasonal. Strong comp sales were supported by traffic and ticket growth as each exceeded 2.0%. Sam's Club comp sales increased 5.0%, the strongest growth in six years.
• Update on Flipkart Group
  • On Aug. 8, 2018, the Competition Commission of India issued an unconditional approval for the company's investment in Flipkart, which satisfies one of the conditions to the closing of the company's investment in Flipkart. The transaction is expected to close as soon as reasonably practicable after the satisfaction or waiver of the remaining closing conditions.
• Co raises guidancefor FY19, sees EPS of $4.90-5.05 (Prior $4.75-5.00), excluding non-recurring items, vs. $4.80 S&P Capital IQ Consensus; sees consolidated net sales +~2% in CC (Prior +1.5-2% in CC), sees Walmart US comp sales (ex-fuel) +~3% (Prior up at least 2%), sees Sam's comps +~3% (Prior down 1% to flat). The guidance does not include the expected impact of the company's investment in Flipkart, including interest related to the purchase, as the transaction has not yet closed.

Earnings this week : Aug 13 - 17, 18 (wk 33)

Earnings confirmed to report this week:

Monday (August 13)

• Morning: CNNE  JKS  SYY TSG  
• Afternoon: AG  HUYA  SWCH TDW VERI  VIPS YY 

Tuesday (Aug 14)

• Morning: AAP ARRY BZUN CAE CDK CSIQ  CVIA EAT EYE GDS HD MMYT TPR 
• Afternoon: A CASA CDLX CGC CREE DDS FENG HOLI MYGN PETQ VIAV  WPM

Wednesday (Aug 15)

• Morning: LXFT M MSGN  PFGC
• Afternoon: BGG CACI CSCO NTAP SPTN

Thursday (Aug 16)

• Morning: DESP JCP JD MSG QIWI WMT   WUBA
• Afternoon: AMAT ATGE  JWN  NVDA  ZOES

Friday (Aug 17)

• Morning: DE

-=Capital One (COF) to issue Walmart (WMT) store credit card

• Walmart taps Capital One for store cards, ends Synchrony deal

(Reuters) - Walmart Inc (WMT) has chosen Capital One Financial Corp (COF) as the new issuer of its store credit card, ending a partnership with Synchrony Financial, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

Shares of Synchrony Financial (SYF) were down 6.5 percent at $31.25 in afternoon trading, while those of capital One were little changed.

Under the deal, Capital One will issue credit cards that can only be used on Walmart’s website and stores, as well as co-branded cards that can be used almost anywhere else, the Journal reported.

Synchrony, which issues private-label cards as well as co-branded cards, has been Walmart’s exclusive credit-card issuer since 1999.

It was not immediately clear about the future of roughly $10 billion portfolio of Walmart card balances that Synchrony has, WSJ reported.

=Wal-Mart (WMT) reported earnings on Thur 17 May 18 (b/o)

Wal-Mart beats by $0.02, beats on revs; Q1 comps +2.1% 

• Reports Q1 (Apr) earnings of $1.14 per share, excluding non-recurring items, $0.02 better than the Capital IQ Consensus of $1.12; revenues (excludes membership and other income) rose 4.4% year/year to $121.63 bln vs the $119.29 bln Capital IQ Consensus.
  • Walmart U.S. comp sales increased 2.1% (vs. estimates for +2.3%), and comp traffic increased 0.8%.
  • Sam's Club comp sales increased 3.8% led by comp traffic growth of 5.6%. Tobacco sales negatively impacted comp sales by approximately 140 basis points.
• Since taking an initial stake in JD.com (JD), the market value of the company's investment had increased $3.7 billion as of January 31, 2018. In prior periods, the company was not required to include unrealized gains/losses within net income. Beginning in fiscal year 2019, due to a change in U.S. accounting principles, Walmart is now required to include unrealized gains/losses of certain equity investments within net income. This quarter, the company recorded an unrealized loss of $1.8 billion due to a decline in the JD.com stock price during the quarter.
• Guidance: The company's investment in Flipkart is expected to negatively impact fiscal year 2019 EPS by approximately $0.25 to $0.30 if the transaction closes at the end of the second quarter. As in past years, Walmart will update certain full year guidance with the second quarter release.
• Q1 Slide Deck

=Wal-Mart (WMT) reported earnings on Tue 20 Feb 18 (b/o)

Wal-Mart misses by $0.04, beats on revs; guides FY19 EPS below estimates 

• Reports Q4 (Jan) earnings of $1.33 per share, excluding non-recurring items, $0.04 worse than the Capital IQ Consensus of $1.37; revenues rose 4.2% year/year to $135.15 bln vs the $133.63 bln Capital IQ Consensus. 
• Walmart U.S. comp sales increased 2.6% vs. +1.5-2.0% guidance, and comp traffic increased 1.6%. On a two-year stack, comp sales growth of 4.4% marked the best performance in eight years. eCommerce sales and GMV at Walmart U.S. increased 23% and 24%, respectively. Sam's Club comp sales, excluding fuel, increased 2.4% vs. +1.5-2.0% guidance, led by comp traffic growth of 4.3%.
• Co issuesdownside EPS guidancefor FY19, sees EPS of $4.75-5.00 vs. $5.08 Capital IQ Consensus Estimate. Comp sales for the 52-week period ending Jan. 25, 2019: Walmart U.S. (ex. fuel): at least +2.0%; Sam's Club (ex. fuel & tobacco): +3.0% to +4.0%; Excludes tobacco, which represents a negative impact to comp sales of ~400 basis points. Consolidated net sales growth in constant currency of 1.5% to 2.0%, negatively impacted by: Sam's Club closures and the decision to remove tobacco from certain clubs; Decision to wind-down first-party eCommerce business in Brazil and the divestiture of Suburbia; Walmart U.S. eCommerce sales growth: ~40%; operating margin 4.3-4.4% ex-FX; tax rate 24-26%
• Co approved an annual cash dividend for fiscal year 2019 of $2.08 per share, an increase of 2 percent from the $2.04 per share paid for the last fiscal year

Wal-Mart On Call

• expects E-commerce growth of about 40% in 2018
• anticipates $6.3 bln negative impact related to Sams Club closures and decision to not sell tobacco 
• expects headwind of approx. $500 mln related to the wind down of Brazil e-commerce business
• expects gross margin to ramp up during year 

Walmart unveils new apparel brands to check Amazon's growth

Walmart is introducing low-cost clothing brands for women, kids and plus-size customers, aiming to lure shoppers as Amazon gobbles up more apparel sales. The store brands include Time and Tru in ladieswear, Terra & Sky in plus-size apparel, and Wonder Nation for kids, according to a company presentation to suppliers. The George apparel brand, which Walmart brought over from its British unit Asda, will be refocused for men only.

=Wal-Mart (WMT) reported earnings on Thur 16 Nov 17 (b/o)

Wal-Mart beats by $0.03, beats on revs; raises FY18 EPS above consensus

• Reports Q3 (Oct) earnings of $1.00 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus of $0.97; revenues rose 4.2% year/year to $122.14 bln vs the $120.23 bln Capital IQ Consensus. 
  • Walmart U.S. comp sales increased 2.7% vs. +1.5-2.0% guidance, traffic increased 1.5% with ticket +1.2%; including fuel, Walmart U.S. comparable sales grew 2.8%. Operating income +0.8% to $4.03 bln. Hurricanes benfited comps 30-50 bps; strong eprformacne in food. Gross margin -36 bps on price investments ecommerce growth. Comp inventory down 3.5%
  • Sam's Club comps +2.8% vs. +1.0-1.5% guidance. Sees Q4 Walmart US comps +1.5-2.0% ex-fuel; Sam's Club +1.5-2.0% ex-fuel
• Co issues upside guidance for FY18, sees EPS of $4.38-4.46 from $4.30-4.40, excluding non-recurring items, vs. $4.38 Capital IQ Consensus Estimate.  

=Wal-Mart (WMT) sees 40% online sales jump, sets $20 billion buyback

• Wal-Mart (WMT) announced a $20 billion buyback program and gave sales guidance ahead of its conference with the investment community Tuesday.

Wal-Mart at Annual Meeting reaffirms FY18 guidance; sees FY19 EPS +5% with sales up at or above 3%; adds to share buyback

Walmart will host its annual meeting for the investment community today where the company will discuss progress against its strategic initiatives to leverage its unique assets and win with customers and shareholders through innovation, greater convenience and speed.

• Reiterates FY18 adjusted EPS guidance of $4.30 to $4.40 vs. $4.38 consensus
• Sees FY19 adj. EPS +5% (a current FX) to $4.52-4.62 vs. $4.62 consensus. Consolidated net sales are expected to grow at or above 3% vs. +2.2% consensus, driven by comp-sales and eCommerce growth, assuming currency exchange rates remain at current levels.  Anticipates sales growth at Walmart U.S. eCommerce to be about 40%. Expects to add 1,000 online grocery locations in Walmart U.S. Expects to leverage expenses.
• Co announces a new $20 billion share repurchase program to replace its existing authorization and expects to utilize the new authorization over an ~two-year period New Unit Details
• The company expects global unit growth of ~280, including new, expanded and relocated units, for each of the fiscal years 2018 and 2019.
• Walmart U.S. expects to open fewer than 15 Supercenters and fewer than 10 Neighborhood Markets in fiscal year 2019. Walmart International expects to open ~255 new stores with a focus in key markets such as Mexico and China.
• The company expects capital expenditures to be ~$11 billion for fiscal years 2018 and 2019.

=Wal-Mart (WMT) reported earnings Thur 17 Aug 2017 (b/o)

Wal-Mart beats by $0.01, reports revs in-line; guides Q3 EPS in-line; guides FY18 EPS in-line

• Reports Q2 (Jul) earnings of $1.08 per share, excluding non-recurring items, $0.01 better thanthe Capital IQ Consensus of $1.07; revenues rose 2.1% year/year to $121.95 bln vs the $121.86 bln Capital IQ Consensus. 
• Walmart U.S. comp sales increased 1.8% vs. +1.5-2.0% guidance with traffic growth of 1.3%, marking the twelfth consecutive quarter with positive comp sales. Strength in grocery continued as food categories deliveries the strong comp in five years (helped by 30 bps of inflation). Gross margin -11 bps to 25.0%. Comp store inventory -3.8%.
• Sam's Club comps +1.2% vs. +1.0-1.5% guidance.
• E-commerce growth at Walmart U.S. remained strong, led by organic growth through Walmart.com. Net sales and GMV grew 60% and 67%, respectively, as customers continued to respond well to new initiatives and an expanded assortment of more than 67 million SKUs.
• Co issues in-line guidance for Q3, sees EPS of $0.90-0.98 vs. $0.97 Capital IQ Consensus; sees Wal-Mart US comps ex-fuel +1.5-2.0%; Sam's Club +1.0-1.5%.
• Co issues in-line guidance for FY18, raises EPS to $4.30-4.40 from $4.20-4.40, excluding non-recurring items, vs. $4.36 Capital IQ Consensus Estimate.

=Wal-Mart (WMT) reported earnings on Tue 21 Feb 2017(b/o)

Wal-Mart beats by $0.01, reports revs in-line; guides Q1 EPS in-line; guides FY18 EPS in-line; raises dividend 2% :

• Reports Q4 (Jan) adjusted earnings of $1.30 per share, $0.01 better than the Capital IQ Consensus of $1.29; revenues rose 0.8% year/year to $129.75 bln vs the $130.22 bln Capital IQ Consensus. 
• Walmart U.S. comp sales increased 1.8% vs. +1.0-1.5% guidance, driven by a traffic increase of 1.4% with ticket +0.4%. Neighborhood Market comps increased ~5.3%. E-commerce growth at Walmart U.S. was strong as sales and GMV increased 29.0% and 36.1%, respectively, including Jet.com and online grocery. Sam's Club comps +2.4% vs. +1.0-1.5% guidance
• Co issues in-line guidance for Q1, sees EPS of $0.90-1.00 vs. $0.96 Capital IQ Consensus Estimate; Walmart US comps +1.0-1.5%; Sam's ex-fuel +1%.
• Co issues in-line guidance for FY18, sees EPS of $4.20-4.40 (up from $4.15-4.35 in October of last year) vs. $4.32 Capital IQ Consensus Estimate. 
• Co approved an annual cash dividend for fiscal year 2018 of $2.04 per share, an increase of 2 percent from the $2.00 per share paid for the last fiscal year.