Tuesday, February 21, 2012

Walmart reports Q4 EPS from continuing operations of $1.51; Walmart U.S. delivers positive traffic and positive comp sales in Q4

Q4 highlights:

  • Walmart reported fourth quarter diluted earnings per share from continuing operations (EPS) of $1.51, which included net benefits of approximately $0.07 from certain tax matters and real estate transactions. The company’s EPS guidance for the quarter of $1.42 to $1.48 did not include these net benefits. This EPS compared to $1.41 last year, which included net tax benefits of approximately $0.07.
  • Consolidated net sales for the fourth quarter were $122.3 billion, an increase of 5.8 percent from last year.
  • Walmart U.S. reported positive comparable traffic, and comparable store sales rose 1.5 percent in the 13-week period ended Jan. 27, 2012.
  • Sam’s Club comparable sales, without fuel, increased 5.4 percent for the same period.
  • Walmart International delivered $35.5 billion in net sales for the quarter.
  • Consolidated operating income for the quarter was $8.4 billion, up 5.0 percent from last year.

Full year highlights:

  • Full year EPS was $4.54, compared with last year’s EPS of $4.18. EPS included approximately $0.05 in net benefits this year and $0.11 last year.
  • The company leveraged operating expenses for the full year and the fourth quarter.
  • Consolidated net sales for the full year were $443.9 billion, an increase of 5.9 percent.
  • Consolidated operating income for the full year was $26.6 billion, up 4.0 percent from last year.
  • Walmart ended the year with free cash flow of $10.7 billion.
  • Return on investment (ROI) for the fiscal year ended Jan. 31, 2012 was 18.6 percent.
  • The company returned $11.3 billion to shareholders through dividends and share repurchases.

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