Ultima Markets: [Market hotspot] Wal Mart's financial report is bright, and its share price has reached the peak

Retail giant Wal Mart（WMT.US）The fourth quarter performed well, with strong profits exceeding expectations. The company also announced an increase in annual dividends and23 Billion US dollars acquisition of smart TV manufacturer Vizio (VZIO.US)Further consolidating its position in the advertising and media business, it is able to collaborate with AmazonPrime Competition. The news pushed Wal Mart's share price to a record high.

by1Wal Mart reported an annual increase in adjusted profits in July and quarter 5.3%Reaching earnings per share 1.80 USD, exceeding analyst expectations per share 1.65 USD.

Wal Mart's group wide revenue soared compared with the previous year5.7%to1,734Billion US dollars, once again exceeding market expectations1,707.1USD100mn The company's domestic same store sales growth4%Exceeding analyst predictions3.2%Growth.

Looking ahead, Wal Mart expects that earnings per share in the next fiscal year will be 6.70 USD to 7.12 Between the US dollars, net sales are expected to grow 3% to 4%。

Wal Mart announced its first stock split plan in more than 20 years at the end of January. 2 month 23 After the close of the day, this retail giant will split one share into three. After the spin off, the new shares will retain their original stock code“WMT”And on2month26Starting trading and circulation on the day.

In addition to the stock split, Wal Mart also announced to increase its quarterly dividend to per share after the split20.75Cents, adjusted dividend from previous split19A significant increase in cents9.2%Above, expand shareholder investment returns.

(Annual line chart of Wal Mart stock price performance)

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