Walmart reported earnings and revenue that beat expectations as shoppers slammed by sticky inflation flocked to the discount chain to start their holiday shopping. In the three months ended Oct. 31, Walmart reported adjusted earnings per share of 58 cents, above expectations of 53 cents. The company posted revenue of $169.6 billion, above expectations of $167.7 billion and up from $160.8 billion in the year-ago period. The company said it now expects net sales will grow between 4.8% and 5.1% this year on in ...

JP Morgan analyst Christopher Horvers expressed views on Walmart Inc‘s WMT strong third-quarter FY25 results reported today.Walmart reported sales of $169.6 billion, beating estimates, with adjusted EPS of $0.58 and global eCommerce sales up 27%.The company raised FY25 guidance for adjusted EPS to $2.42-$2.47 and sales growth to 4.8%-5.1%, citing strong U.S. performance.The analyst writes that, similar to prior quarters, Walmart maintains a prudent forecast despite consistent outperformance.The analyst adds ...

Key TakeawaysHigh-income households are shopping more at Walmart, with its delivery services and membership programs helping drive the growth. CEO Douglas McMillon is optimistic the trend may last "a long time."Food sales grew rapidly, the company said, with many delivery and curbside pickup orders containing gluten-free products and grass-fed beef. Walmart keeps hoovering up high-income households. Walmart (WMT) took market share from food and general merchandisers because it’s pulling in so many big earne ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

| --- | --- | --- | |-----------------------------------------------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Financial presentation to accompany management commentary | | | | FY25 Q3 | | | Guidance Consolidated Metric FY 2025 as of Nov. 19, 2024 FY 2025 as of Aug. 15, 2024 FY 2025 as of Feb. 20, 2024 Net sales (cc) Increase 4.8% to 5.1% Increase 3.75% to 4.75% Increase 3.0% to 4.0% Adj. operating income (cc) Increase 8.5% to 9.25% Increase 6.5% to 8.0% ...

Financial Data and Key Metrics Changes - For Q3 2025, sales grew 6.1% in constant currency and profit increased by 9.8% [8][30] - Global eCommerce sales rose by 27%, advertising grew by 28%, and membership income was up 22% [8] - Consolidated operating income grew 9.8% in constant currency, and adjusted EPS increased nearly 14% to $0.58 per share [53] Business Line Data and Key Metrics Changes - Walmart U.S. comp sales increased by 5.3%, with eCommerce sales growth of 22% [31] - Walmart International saw sales growth of 12.4% in constant currency, driven by Flipkart, Walmex, and China [34] - Sam's Club U.S. comp sales ex-fuel increased by 7%, including eCommerce growth of 26% [36] Market Data and Key Metrics Changes - Households earning more than $100,000 accounted for 75% of share gains in the U.S. [10] - eCommerce sales increased by 43% internationally, with significant growth in same-day and next-day deliveries [35] - Flipkart's Big Billion Days event contributed to double-digit growth in both top line and customer growth [35] Company Strategy and Development Direction - The company is focused on enhancing customer convenience through curbside pickup and delivery options [10][15] - Investments in technology, including generative AI, are aimed at improving customer experience and operational efficiency [20][21] - The strategy includes expanding the marketplace and enhancing the assortment of products available to customers [47][51] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to grow profits faster than sales while making necessary investments [71][72] - The impact of recent hurricanes and port strikes was acknowledged, but the company managed to deliver strong financial results despite these challenges [28][14] - Future guidance was raised, expecting full-year sales growth of 4.8% to 5.1% and operating income growth of 8.5% to 9.25% [53][54] Other Important Information - The company has committed $16 million to support communities affected by recent storms, demonstrating its commitment to social responsibility [13] - Walmart's advertising business grew by 28%, with significant contributions from both domestic and international markets [45] - The company is seeing positive trends in membership programs, with Sam's Club membership income growing by 15% [46] Q&A Session Summary Question: General merchandise and gross margins outlook - Management is optimistic about general merchandise growth, noting improvements in unit sales and seasonal merchandising [58][60][61] Question: Balancing growth and reinvestment - Management believes they are striking the right balance between profit expansion and necessary investments in the business [68][71] Question: Top line growth acceleration - Management indicated that underlying growth remains consistent, with some contributions from recent events like the Big Billion Days [76][79] Question: Changes in Q4 operating income guidance - Management noted a modest improvement in Q4 performance expectations, with consistent business performance [81][82] Question: Share gains with upper-income consumers - Management highlighted that both price and convenience are driving share gains among upper-income consumers [87][89] Question: Sustainability of eCommerce growth - Management expressed confidence in the continued growth of eCommerce, driven by investments in technology and customer experience [99][100]

Advertisement Walmart's CFO said that Trump's proposed tariffs could lead the retailer to raise prices.About one-third of the retailer's products are imported, mostly in non-grocery items.During Trump's previous term, Walmart said it would try to avoid food price increases by managing costs elsewhere.Walmart is the latest company to signal price hikes may be on the way.Walmart CFO John David Rainey said on Tuesday that Trump's sweeping tariff plan could lead the retailer to raise prices on a portion of its ...

Walmart Inc. (WMT) posted another solid quarterly performance, with third-quarter fiscal 2025 top and bottom lines increasing year over year and cruising past their respective Zacks Consensus Estimate. Management raised its fiscal 2025 guidance yet another time, indicating continued strength. The company experienced growth across all business segments, with rising store and club sales, expanding e-commerce, increased pickup options and accelerated delivery services. Newer ventures like the marketplace, adve ...

Walmart (WMT) reported $169.59 billion in revenue for the quarter ended October 2024, representing a year-over-year increase of 5.5%. EPS of $0.58 for the same period compares to $0.51 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $167.53 billion, representing a surprise of +1.23%. The company delivered an EPS surprise of +9.43%, with the consensus EPS estimate being $0.53.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...

A Walmart store in Martinez, California, US, on Monday, Nov. 18, 2024. Walmart Inc. is scheduled to release earnings figures on November 19.Walmart's CFO John David Rainey said the retailer would likely have to raise prices on some items if President-elect Donald Trump's proposed tariffs take effect."We never want to raise prices," he said in an interview with CNBC on Tuesday. "Our model is everyday low prices. But there probably will be cases where prices will go up for consumers."Rainey added that it's to ...