Thursday
Aug152013
Walmart Releases Q2 Results
Thursday, August 15, 2013 at 3:10PM
Highlights:
- Walmart U.S. comp sales declined 0.3 percent in the 13-week period from Apr. 27 to Jul. 26, 2013.
- Walmart International grew net sales 2.9 percent to $33.0 billion. On a constant currency basis,2 net sales would have increased 4.4 percent to $33.4 billion.
- Consolidated net sales reached $116.2 billion, an increase of $2.7 billion, or 2.4 percent. Currency exchange rate fluctuations had a negative impact on net sales of$680 million.
- Walmart U.S. expects comp sales for the 13-week period ending Oct. 25 to be relatively flat. Last year's comp for the comparable period was 1.5 percent.
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