Bentonville / AR. (wama) Walmart Inc. published its financial statements for the second quarter of fiscal 2022, that ended in Bentonville on July 30, 2021. Total revenue was USD 141.0 billion, up 2.4 percent, negatively affected by approximately USD 8.9 billion related to divestitures. Excluding currency, total revenue would have increased 0.6 percent to USD 138.6 billion.
Walmart U.S. Q2 comp sales grew 5.2 percent. Walmart U.S. grew market share in grocery. Comp transactions were strong at 6.1 percent, led by stores. Walmart U.S. operating income increased 20.4 percent. Adjusted operating income increased 12.0 percent. Comparable sales means for the 13-week period ended July 30, 2021, compared to 13-week period ended July 31, 2020, excluding fuel.
Walmart U.S. eCommerce sales grew 6 percent and 103 percent on a two-year stack. Sam’s Club comp sales1 increased 7.7 percent, and eCommerce sales grew 27 percent. Membership income increased 12.2 percent with member count reaching an all-time high. Walmart International net sales were USD 23.0 billion, a decrease of USD 4.1 billion, or 15.2 percent, negatively affected by USD 8.9 billion related to divestitures. Changes in currency exchange rates positively affected net sales by approx. USD 2.4 billion.
Consolidated operating income was USD 7.4 billion, an increase of 21.4 percent, with strength across the company. Consolidated operating income as a percentage of net sales increased 83 basis points; adjusted4 increased 50 basis points. Adjusted EPS of USD 1.78 excludes the effects, net of tax, of net losses on equity investments of USD 0.26.
For additional information please read the Company’s PDF file below (772 KB):
20210818-WALMART-Q2-2022.