WAL MART STORES INC (WMT) SEC Filing 10-K Annual report for the fiscal year ending Saturday, January 31, 2015
For Immediate Release
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Walmart announces Q4 underlying1 EPS of $1.61 and
additional strategic investments in people & e-commerce;
Walmart U.S. comp sales increased 1.5 percent
Fourth quarter highlights
Underlying1 EPS: Wal-Mart Stores, Inc. (Walmart) reported fourth quarter fiscal year 2015 underlying1 diluted earnings per share from continuing operations (EPS) of $1.61, compared to last year's underlying1 EPS of $1.60.
Reported EPS: Reported EPS was $1.53, which includes a negative impact of $0.08 per share from certain discrete items. The company incurred a charge of $0.05 for a wage and hour litigation matter, and a charge of $0.03 for Walmart Japan store closures, both previously disclosed. Last year's EPS was $1.34, which includes a negative impact from discrete items totaling $0.26.
Comps: Walmart U.S. comp sales increased 1.5 percent for the 13-week period ended Jan. 30, 2015. Comp sales for the Neighborhood Market format increased approximately 7.7 percent. Sam's Club comp sales, without fuel,1 increased 2.0 percent for the same 13-week period.
Revenue: Consolidated revenue reached $131.6 billion, an increase of $1.9 billion, or 1.4 percent. Currency exchange rate fluctuations negatively impacted revenue by approximately $2.6 billion.
Full year fiscal 2015 highlights
EPS: Walmart's underlying1 EPS was $5.07, and reported EPS was $4.99, which includes the negative impact of $0.08 from the discrete items noted above.
Revenue: Consolidated revenue reached $485.7 billion, an increase of $9.4 billion, or 2.0 percent. Currency exchange rate fluctuations negatively impacted revenue by approximately $5.3 billion. Constant currency revenue was almost $491 billion. E-commerce sales globally rose approximately 22 percent for the year, to $12.2 billion.
New store growth: The company added nearly 33 million square feet of retail space in fiscal 2015, with 511 net new units globally.
Shareholder returns: The company returned $7.2 billion to shareholders through dividends and share repurchases. [Note: Please see separate Feb. 19, 2015 news release on FY 16 dividend.]
Guidance: The company issued full fiscal 2016 EPS guidance range of $4.70 to $5.05, and a first quarter forecast of $0.95 to $1.10. This guidance reflects additional strategic wage and training investments for U.S. associates that were announced today, as well as incremental investments for Global eCommerce initiatives, totaling between $0.26 and $0.29 per share.
1 See additional information at the end of this release regarding non-GAAP financial measures.
The following information was filed by WAL MART STORES INC on Thursday, February 19, 2015 as an 8K 2.02 statement, which is a press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K statement of earnings and operation as management may choose to highlight particular information in the press release.
- Form Type: Annual
- Number of times amended: 0
- Accession Number: 0000104169-15-000011
- Submitted to the SEC: Wednesday, April 1, 2015
- Accepted by the SEC: Wednesday, April 1, 2015
- Period Ending: January 2015