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Walmart Q1 2019 earnings



<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Walmart (WMT), the largest retailer in the world, reported first-quarter net income and revenue in line with expectations. "data-reactid =" 22 "> Walmart (WMT), the world's largest retailer, reported net profit in the first quarter in line with expectations.

In the first quarter, Walmart posted adjusted earnings per share of $ 1.13, exceeding Wall Street analysts' expectations by $ 1.02.

Revenues for the quarter were $ 123.9 billion, compared to $ 124.94 billion.

The retailer said it was monitoring the pricing situation as trade tensions between the United States and China increased.

"We are monitoring tariff discussions and hope to reach an agreement," said CFO Brett Biggs in a statement. "Our goal is to always remain the leader in low prices and we will actively manage prices and margins in line with our customers and shareholders. Our merchant teams have been focusing on this issue for months and continue to apply the appropriate mitigation strategies. "

<p class = "canvas-atom web-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Competition intensifies with the giant of the Amazon retailAMZN), Walmart & nbsp;announced that it would launch next day delivery with no membership fees for orders of 35 $ and more. "data-reactid =" 27 "> Competition intensifying with Amazon's retail giant (AMZN), Walmart has announced the launch of the next day no-cost delivery for orders of 35 $ and more.

<p class = "canvas-atom web-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The offer will begin in Phoenix and Las Vegas before extending to southern California and gradually reaching 75% of the US population, the retailer said."Data-reactid =" 28 "> The offer will begin in Phoenix and Las Vegas before spreading to southern California and gradually reach 75% of the US population, the retailer said.

<p class = "canvas-atom text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Julia La Roche is a finance reporter at Yahoo Finance. To follow her Twitter."data-reactid =" 30 ">Julia La Roche is a finance reporter at Yahoo Finance. To follow her Twitter.


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