Arkansas Democrat-Gazette

Walmart, Car-Mart scheduled to release 4Q earnings reports

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Walmart Inc. will release its fourth-quarter and fiscal 2019 earnings results before the stock markets open today. The report and related materials will be available on the company’s corporate website at 6 a.m.

America’s Car Mart Inc. is also scheduled to release a quarterly earnings report today after the stock markets close.

Walmart executives will hold a live conference call with investors at 7 a.m. Doug McMillon, Walmart’s president and chief executive officer, and Bret Biggs, its executive vice president and chief financial officer, will host the call to discuss the Bentonvill­e retailer’s fourth-quarter and fiscal year performanc­e, as well as its outlook for fiscal 2020, which began Feb. 1.

The call will be webcast live, and may be accessed by logging on to corporate. walmart.com/newsroom/financial-events and selecting the Fourth-Quarter Earnings Conference Call event. Afterward, the archived webcast will be made available beginning around noon, according to a Walmart news release.

Analysts on average expect the Bentonvill­e retailer to report quarterly earnings of $1.33 per share on revenue of $138.66 billion, according to a survey by Thomson Reuters.

Bentonvill­e-based usedcar dealer America’s CarMart Inc. will hold a conference call with analysts at 10 a.m. Wednesday.

The average estimate of four analysts predicts CarMart earnings of $1.03 cents per share for the quarter that ended Jan. 31, with the average of two analyst prediction­s on revenue for the quarter standing at $164 million, according to Yahoo.com. Bentonvill­e-based Car-Mart operates 143 dealership­s in 11 states.

The conference call may be heard by dialing (877) 7764031. Callers should dial in 10 minutes before the call starts. A replay will begin two hours after the call is completed. It will be available for the next 30 days at (855) 859-2056 and can be accessed with the conference ID number 4196898.

The conference call also will be cast on the Car-Mart website carmart.com.

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