Walmart's Consolidated Revenue Rises by 4.8% in Q2 Financial Results
Walmart Inc. [WMT] announced a strong performance in its second quarter financial results ending July 31, 2024. The retail giant reported a profit of $7.94 billion, showing an increase from the previous quarter.
The company, headquartered in Bentonville, Arkansas, reported to SEC in an 8-K filing $0.56 earnings per share in the quarter, compared to $0.97 in the previous quarter.
Walmart, a leading retailer in the industry sector, reported a consolidated revenue of $167.8 billion in the latest period. This figure marks a 4.7% increase compared to the previous quarter's revenue.
In comparison to the same quarter in the previous year, Walmart's revenue for the current quarter saw a 4.7% increase, reaching $167.8 billion. The company also experienced a 8.5% increase in profit in the current quarter when compared to the same quarter in the previous year.
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As of August 14, 2024 end of day trading.
Dollars in millions | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 |
|---|
Income Statement |
| Revenue | $161,508.0 | $648,125.0 | $160,804.0 | $161,632.0 |
| Operating Profit | $6,841.0 | $27,012.0 | $6,202.0 | $7,316.0 |
| Net Income | $5,307.0 | $16,270.0 | $643.0 | $8,053.0 |
| Net Cash | -$475.0 | $1,094.0 | $3,454.0 | $5,130.0 |
| Gross Margin | $40,077.0 | $157,983.0 | $39,621.0 | $39,782.0 |
| Operating Margin | $0.0 | $0.0 | $0.0 | $0.0 |
| Profit as % of Revenues | 755.17 | 971.01 | 24.64 | 24.61 |
| Profit as % of Assets | 2.55 | 3.61 | 0.26 | 3.23 |
| Profit as % of Stockholder Equity | 6.03 | 18.01 | 0.75 | 9.44 |
| Return on Equity | 6.03 | 18.01 | 0.75 | 9.44 |
| Return on Assets | 2.09 | 6.45 | 0.25 | 3.16 |
| Turnover Ratio | 77.73 | 143.94 | 0.64 | 0.65 |
| EBITA | $6,841.0 | $27,012.0 | | |
Balance Sheet |
| Total Assets | $254,054.0 | $252,399.0 | $259,174.0 | $255,121.0 |
| Total Liabilities | $165,764.0 | $161,828.0 | $173,363.0 | $169,562.0 |
Cash Flow Statement |
| Operating Cash Flow | $4,249.0 | $35,726.0 | $19,014.0 | $18,201.0 |
| Investing Cash Flow | -$4,409.0 | -$21,287.0 | -$15,374.0 | -$9,909.0 |
| Financing Cash Flow | -$321.0 | -$13,414.0 | -$179.0 | -$3,309.0 |
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