WMT Alert: Why Walmart Stock Is a Strong Buy After Q1 Earnings

Walmart (NYSE:WMT) stock released its Q1 FY25 earnings results on Thursday, May 16, and investors and analysts are impressed with their performance. Consolidated revenue came in at $161 billion, an increase of 6% YOY. Additionally, consolidated gross margin was up 42 bps, on the back of improvements across all segments. Its global advertising business also grew 24% from the year prior, including a 26% bump for Walmart Connect. With the stock now up more than 20% YTD, now is a great time for investors to tak ...