Walmart Inc

NYSE:WMT   3:59:59 PM EDT
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Other Pre-Announcement

Massmart Holdings Posts HY HLPS Of 298.8 Cents

Published: 08/27/2021 07:21 GMT
Walmart Inc (WMT) - Jse: Msm - Reviewed Interim Results for the 26 Weeks Ended 27 June 2021.
Half Year Sales Rose 4.4 Percent to 41.3 Billion Zar.
Massmart - Sales for 7 Week Period Post Reporting Date Have Been Subdued.
Massmart - Discretionary Spending, Particularly Within Game Middle Income Customer Segment, is Severely Constrained.
Massmart - Headline EPS Was Loss of 298.8 Cents for 26 Wk Period.
Massmart - No Interim Dividend Has Been Declared.
Massmart - Announce Appointments of Sindiswa Victoria Zilwa As Independent Non-executive Director and Daria Esteen Beckom As a Non-executive Director.
Massmart - No Interim Dividend Has Been Declared.
Massmart - Civil Unrest Has Directly Impacted 43 Stores .
Sales in These Stores Were Around R708 Million Lower Compared to Same 7 Week Period in 2020.
Massmart - Expect That Majority of Stores Damaged by Civil Unrest Will Be Operational for Peak Trading in Q4.