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Walmart's Growth Fueled by Expedited Deliveries and Resilient US Shoppers
WMTWalmart(WMT) PYMNTS.com·2024-11-19 18:21

Consumers in the United States have shown resilience while prioritizing speed and convenience, according to Walmart’s third-quarter earnings call Tuesday (Nov. 19).The retail giant reported a 5.5% increase in consolidated revenue for the third quarter of fiscal year 2025, reaching $169.6 billion — fueled by a 27% rise in global eCommerce sales and expanding delivery volumes.Chief Financial Officer John David Rainey said during the call that three factors improved the company’s eCommerce margins: delivery de ...