Walmart Releases Q1 FY23 Earnings

*Total revenue was $141.6 billion, up 2.4%, negatively affected by $5.0 billion due to divestitures.
*Walmart U.S. Q1 comp sales1 grew 3.0% and 9.0% on a two-year stack.
*Walmart U.S. eCommerce sales grew 1% or 38% on a two-year stack.
*Sam’s Club comp sales1 increased 10.2%, and 17.4% on a two-year stack. Membership income increased 10.5%.
*Walmart International net sales were $23.8 billion, a decrease of $3.5 billion, or 13.0%, negatively affected by $5.0 billion due to divestitures.
*Consolidated operating income was $5.3 billion, a decrease of 23.0%, negatively affected by $0.3 billion from divestitures.
details at: https://corporate.walmart.com/media-library/document/q1-fy23-earnings-release/_proxyDocument?id=00000180-cfce-d2bb-a7cc-dfefe08b0000

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