Walmart Posts Improved Top and Bottom Lines


Walmart Stores Inc. Posted a one percent increase in revenue to $123.9 billion for the 1st quarter of FY 2020 ending April 30th compared to the comparable quarter of FY 2019. The Company generated net income of $3.842 billion ($2,134 billion Q1 FY 2019) and an EPS of $1.33 ($0.72). WMT recorded a 2.9 percent increase in same-store sales growth (without fuel). E-commerce revenue rose by 37 percent.