Some retailers are warning about shoppers pulling back on spending heading into the holiday season. Not Walmart. Executives at the big-box chain said on an earnings call Thursday that smaller sales events so far in the second half of 2025, from back-to-school deals to Halloween, have pointed to strong holiday sales."Everything that we've seen so far makes us optimistic and encouraged about customers and members leaning into the seasonal events and holiday shopping period," CFO John David Rainey said. Walm ...

Core Insights - Walmart raised its annual forecasts for the second time this year, indicating strong confidence ahead of the holiday season, with shares rising 5.9% following the announcement [1][2] - The company reported a 4.5% increase in US comparable sales and a total revenue increase of 5.8% to $179.5 billion, surpassing market expectations [4][6][13] Financial Performance - Adjusted earnings per share outlook was lifted to $2.58 to $2.63, up from a previous range of $2.52 to $2.62 [2] - Total revenue rose to $179.5 billion, exceeding forecasts of $177.4 billion, with third-quarter adjusted earnings at 62 cents per share, beating Wall Street expectations by 2 cents [13] Sales and Consumer Trends - Online sales surged by 28%, primarily driven by grocery sales, with overall e-commerce growth marking the seventh consecutive quarter above 20% [4][5] - Wealthier consumers are increasingly utilizing Walmart's expedited delivery services, which saw a 70% increase in the quarter [5] Market Position and Strategy - Walmart's performance highlights a bifurcated consumer landscape, where it attracts both lower and higher-income households, contrasting with other retailers like Target, which are facing challenges [12][13] - The company plans to shift its stock listing to the Nasdaq from the NYSE, reflecting its commitment to technology and automation in operations [14][17] Leadership Changes - Longtime CEO Doug McMillon announced his retirement, with John Furner set to succeed him, as Walmart accelerates its tech-driven growth strategy [8][14] Operational Innovations - Over 40% of Walmart's new software code is now AI-generated or AI-assisted, and more than 60% of freight is moving through automated distribution centers [15][16]

Core Insights - Walmart reported strong quarterly revenues, exceeding Wall Street estimates, driven by increased online shopping and a growing customer base among high-income consumers [1][2]. Financial Performance - Walmart's stock rose over 5.6% to above $106, marking its second-largest gain this year, following a 9.5% increase in April [2]. - The retailer reported earnings per share of 62 cents and revenues of $179.5 billion, surpassing analysts' expectations of 60 cents and $177.4 billion [2]. Online Shopping Growth - Global online shopping sales increased by 27%, with a 28% rise in the U.S. and a 53% surge in its global advertising business [3]. - The popularity of Walmart's third-party marketplace also contributed to the growth in online sales [3]. Customer Demographics - Walmart's CFO noted an increase in "value-seeking" customers across various income levels, with a notable rise in traffic from high-income shoppers [4]. Future Outlook - The company anticipates sales growth of up to 5.1% for the year and expects earnings to range between $2.58 and $2.63, higher than previous forecasts [3].

Walmart (NYSE:WMT) Q3 2026 Earnings Call November 20, 2025 08:00 AM ET Speaker2Greetings. Welcome to Walmart's third quarter fiscal year 2026 earnings call. At this time, all participants are in listen-only mode. The question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note this conference is being recorded. I'll now turn the conference over to Steph Wissink, Senior Vice Pr ...

Financial presentation 1 For relevant non-GAAP reconciliations, see Q4 FY25 earnings release furnished on Form 8-K on February 20, 2025. cc = constant currency 2 Total revenues to accompany management commentary FY26 Q3 Guidance The following forward-looking statements reflect the Company's expectations as of November 20, 2025, and are subject to substantial uncertainty. The Company's results may be materially affected by many factors, such as fluctuations in foreign currency exchange rates, changes in glob ...

Even in challenging times, Walmart continues to deliver solid results. The retail giant posted strong sales for the third quarter, with a 4.5% increase in same-store sales, beating analysts' expectations. Its e-commerce division saw a 27% increase during the quarter. "We're gaining market share, improving delivery speed, and managing inventory well. We're well-positioned for a strong finish to the year and beyond that, thanks to our associates," outgoing CEO Doug McMillon said. McMillon is set to retire ...

Walmart raised its full-year sales and earnings outlook on Thursday after posting stronger-than-expected fiscal third-quarter results, fuelled by double-digit e-commerce growth and a continued influx ... ...

Walmart (WMT) reported third quarter profits and sales that topped forecasts on Thursday as the world's largest retailer continues to see growth in an uncertain consumer environment that has challenged some of its key rivals. The company reported adjusted earnings per share of $0.62, above the $0.60 that Wall Street analysts were expecting, according to data from Bloomberg. Revenue rose 6% from the prior year to $179.5 billion, above the $177.6 billion that had been expected. Same-store sales at its US b ...

Walmart (WMT) reported third quarter profits and sales that topped forecasts on Thursday as the world's largest retailer continues to see growth in an uncertain consumer environment that has challenged some of its key rivals. The company reported adjusted earnings per share of $0.62, above the $0.60 that Wall Street analysts were expecting, according to data from Bloomberg. Revenue rose 6% from the prior year to $179.5 billion, above the $177.6 billion that had been expected. Same-store sales at its US b ...

NEW YORK (AP) — Walmart delivered another standout quarter, posting strong sales and profits that blew past Wall Street expectations as it wins over a broad base of shoppers including cash-strapped Americans and the well-heeled, who have grown increasing anxious about the economy. While other retailers dial back projections, the nation’s largest retailer raised its financial outlook Thursday after its strong third quarter, setting itself up for a strong holiday shopping season. Walmart Inc., based in Ben ...