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Walmart (NYSE: WMT) reports that comparable sales in the United States rose 9.3% in the second quarter to pass the consensus mark of + 6.4%. E-commerce sales in the United States grew 97% during the period.
The average ticket rose 27.0% in the United States, while transactions declined 14.0%.
Sam’s Club comparable sales in the United States are up 13.3% against + 6.20% consensus.
International sales fell 6.8% in the quarter to $ 27.2 billion, with F / X and the government-mandated shutdown of Flipkart in India weighing on results.
Consolidated gross margin increased 63 bpd yoy, mainly due to a shift in the sales mix to the general merchandise categories with higher margins, less markdowns and better margins on fuel, partially compensated by the postponement of investments in price compared to the last year.
Walmart shares are up 6.37% in pre-market action at $ 143.98.
Previously: Walmart EPS beats $ 0.31, beats on revenue (Aug 18)
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