Walmart (WMT) Q1 Earnings Coming Up: E-Commerce Steers Growth

As Walmart Inc. (WMT) is set to release first-quarter fiscal 2025 earnings on May 16, it is worth taking a closer look at the company’s e-commerce business, which has been an important contributor to revenues for a while now.Walmart’s e-commerce business and omnichannel penetration have been increasing. E-commerce sales formed 18% of the company’s overall net sales in the fourth quarter of fiscal 2024 compared with 15% in the third quarter. The increasing penetration reflects customers’ rising inclination t ...