Walmart Inc. has shown strong financial performance, reporting quarterly revenue of $165.61 billion and an annual revenue of $680.99 billion. Domestic comparable sales increased by 4.5% with gains in health, wellness, and grocery segments, critical during economic uncertainty. E-commerce rose by 22% due to store-fulfilled services. Walmart's advertising business grew 50% overall. Operating income reached $7.135 billion and net income was $4.487 billion, indicating effective cost management and improved profitability metrics, such as a gross profit margin of 24.94%. Return on equity was 20.37%.
Walmart reported impressive quarterly revenue of $165.61 billion, showcasing the company's ability to maintain momentum even as economic pressures mount across the retail landscape.
Walmart's digital transformation is delivering results, with global e-commerce sales surging 22%, driven by enhanced store-fulfilled pickup and delivery services.
Walmart's advertising business expanded by 50% overall, with domestic advertising increasing by 31%, highlighting a significant revenue opportunity.
Walmart's operating income rose to $7.135 billion, reflecting disciplined cost management and pricing power, with a return on equity of 20.37%.
Collection
[
|
...
]