Wal-Mart (NYSE: WMT) Q2 FY 2011 EPS Highlights

Wal-Mart's Q2 EPS Highlights

Wal-Mart's Q2 EPS highlights follow below. This blog was founded by Markos N. Kaminis, who earned clients a 23% average annual return over five years as a stock analyst on Wall Street. "The Greek" has written for institutional newsletters, Businessweek, Real Money, Seeking Alpha and others, and Mr. Kaminis has appeared across major media. While writing for Wall Street Greek, he presciently predicted the financial crisis in detail.

(Tickers: NYSE: WMT, NYSE: TGT, Nasdaq: COST, NYSE: BJ, NYSE: KSS, NYSE: JWN, NYSE: JCP, NYSE: M, Nasdaq: SHLD, NYSE: HD, NYSE: LOW, NYSE: ARO, NYSE: ANF, NYSE: ANN, NYSE: CHS, NYSE: LTD, Nasdaq: PLCE, Nasdaq: GYMB, Nasdaq: HOTT, Nasdaq: WTSLA, NYSE: DIA, NYSE: SPY, Nasdaq: QQQQ, NYSE: DOG, NYSE: SDS, NYSE: QLD, NYSE: NYX, NYSE: ICE, Nasdaq: NDAQ)

Wal-Mart (NYSE: WMT) Q2 2011 EPS Highlights

The following comes directly from Wal-Mart's (NYSE: WMT) Q2 2011 EPS press release issued earlier today.

• Walmart reports second quarter diluted earnings per share ("EPS") of $0.97, above First Call consensus of $0.96, and within the company's guidance of $0.93 to $0.98.
• The company raised EPS guidance for the full year to a range of $3.95 to $4.05, from its previous range of $3.90 to $4.00.
• Consolidated operating income for the second quarter grew 4.4 percent to more than $6 billion.
• Net sales for the second quarter were $103 billion, an increase of 2.8 percent.
• Walmart International continues to drive growth for the company, as net sales rose 11.0 percent to $26 billion, with strong contributions from Mexico, Brazil and China.
• The company leveraged operating expenses for the third consecutive quarter.
• Walmart U.S. comparable store sales for the second quarter 13-week period declined 1.8 percent. Sam's Club posted a comparable club sales increase, without fuel, of 1.0 percent.
• Solid operating performance was the main driver contributing to a return on investment (ROI) for the trailing 12 months ended July 31, 2010 of 19.0 percent, up from 18.4 percent for the comparable period last year.
• The company has returned $9.4 billion to shareholders through dividends and share repurchase in the first half of this fiscal year. Walmart spent $4.1 billion on share repurchase this quarter.
• During the quarter, the company added almost 5 million square feet of retail space in the 15 countries where it operates. Worldwide, Walmart now has 8,576 units.
  

This article should prove interesting to investors in NYSE: PIR, NYSE: ETH, Nasdaq: HOFT, NYSE: HD, NYSE: LOW, Nasdaq: AAPL, NYSE: BBY, NYSE: LTD, NYSE: CHS, NYSE: ANN, NYSE: GPS, NYSE: M, NYSE: JCP, NYSE: JWN, NYSE: TJX, NYSE: KSS, Nasdaq: COST, NYSE: TGT, NYSE: WMT, Nasdaq: WTSLA, Nasdaq: HOTT, NYSE: AEO, NYSE: ARO, NYSE: ANF, NYSE: SAK, NYSE: TIF, NYSE: TLB, NYSE: LL, Nasdaq: BLDR, NYSE: FO, NYSE: LEG, NYSE: TPX, NYSE: AYI, NYSE: LZB, Nasdaq: SCSS, NYSE: ZZ, NYSE: FBN, NYSE: NTZ, Nasdaq: SHLD, NYSE: DDS, Nasdaq: BONT, Nasdaq: CPWM, Nasdaq: BKRS, Nasdaq: BEBE, NYSE: BKE, Nasdaq: CACH, Nasdaq: CMRG, Nasdaq: CATO, NYSE: CBK, Nasdaq: CTRN, NYSE: PSS, Nasdaq: DEST, Nasdaq: DBRN, NYSE: DSW, Nasdaq: FINL, NYSE: FL, Nasdaq: GYMB, NYSE: GES, NYSE: JCG, NYSE: JNY, Nasdaq: JOSB, NYSE: NWY, NYSE: JWN, NYSE: MW, Nasdaq: SYMS, Nasdaq: PLCE.

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.