Walmart(US:WMT)2025-06-05 14:30Financial Data and Key Metrics Changes - Total revenue grew by 5.1% to $681 billion, and operating income increased by 8.6% [7] - Operating cash flow was strong at $36.4 billion, with return on investment improving by 50 basis points [7] Business Segment Data and Key Metrics Changes - All three business segments performed well, with a focus on growing sales and profits while investing in associates and technology [8] - The average wage for hourly associates in the US has risen to over $18 per hour, which is 28% higher than five years ago [9] Market Data and Key Metrics Changes - In the US, Walmart aims to reach 95% of the population with delivery in under three hours by the end of the year [12] - Same-day pharmacy delivery is now available in the US, and Sam's Club offers same and next-day shipping [12] Company Strategy and Development Direction - The company is committed to being a tech-powered, omnichannel retailer focused on innovation and convenience [11] - Walmart continues to remodel stores and open new ones while making significant community contributions, including donating 752 million pounds of food [13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strategic direction and ability to create long-term sustainable value for shareholders [4] - The company is focused on maintaining low prices while investing in associate wages and technology to enhance customer value [66][74] Other Important Information - Walmart's commitment to diversity and inclusion was reiterated, with ongoing support for the LGBTQ community [69] - The company reported that it has improved its e-commerce profitability and is increasingly recognized for convenience [66] Q&A Session Summary Question: Did anything about Walmart's steady stock price rise over the last year surprise you? - Management emphasized that the focus is on building a stronger business over time, with strategic investments yielding positive results [65][66] Question: Do you still support the LGBTQ community, and do you still sell merchandise for pride month? - Management confirmed ongoing support for the LGBTQ community and a commitment to inclusivity [69][70] Question: Can we expect to see a continued focus on political neutrality and fiduciary duty at Walmart? - Management reiterated the goal of serving a diverse customer base and maintaining a focus on business rather than politics [72] Question: How is Walmart managing increased costs due to tariffs? - Management highlighted ongoing investments in associate wages and efforts to keep prices low despite dynamic pricing pressures [73][74] Question: What is management's opinion on proxy advisers like ISS and Glass Lewis? - Management stated that they take input from various stakeholders, including proxy advisers, but will focus on what is best for the company [77]