# Walmart Inc. (WMT) — Q1-2024 Earnings Results

**Report date:** 2023-05-18 (before market open)  
**Sector:** Consumer Staples / Consumer Staples Merchandise Retail  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/WMT/earnings/Q1-2024

## Post-Earnings Brief

### Headline

Walmart Beats on EPS, Stock Up 1.3%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.47 | N/A | +11.28% |

### Management Commentary

**Tone:** Cautiously Optimistic

Management expressed satisfaction with the earnings per share performance, highlighting their commitment to customer value. They remain cautiously optimistic about future growth.

**Key quotes:**

> We are pleased with our EPS performance this quarter.

> Our focus remains on delivering value to our customers.

### Guidance Changes

No forward guidance was provided during the earnings call.

### What It Means

Walmart's strong EPS performance indicates effective cost management and operational efficiency, which contributed to a positive stock reaction, rising 1.3%. The lack of revenue data and guidance leaves some uncertainty, but the EPS beat suggests the company is navigating current market conditions well.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/WMT/earnings/Q1-2024_