Walmart Inc

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Products, Other Pre-Announcement, Earnings Announcements

Sam’S Club Announces New Clubs And Supply Chain Enhancements Fueled By Record Growth

Published: 01/26/2023 14:25 GMT
Walmart Inc (WMT) - Sam’s Club Announces New Clubs and Supply Chain Enhancements Fueled by Record Growth.
Sam’s Club - Announced Plans to Open Over 30 New Clubs Across U.S. Over Next Several Years.
Sam’s Club - Has Multiple-year Plan to Invest in and Modernize Its Supply Chain Through New Distribution and Fulfillment Center Locations Across U.S.sam’s Club - Will Launch Five New Supply Chain Fulfillment and Distribution Centers in 2023, With First Location Planned in Georgia in Q3.
Sam’s Club-decision to Invest in Expanding Physical Footprint Motivated by Historic Comparable Sales Growth, and Rise in Membership Over Last 2 Yrs.
Revenue is expected to be $148.35 Billion
Adjusted EPS is expected to be $1.30

Next Quarter Revenue Guidance is expected to be $158.2 Billion
Next Quarter EPS Guidance is expected to be $1.70

More details on our Analysts Page.