Walmart Inc

WMT

Equity

ISIN US9311421039 / Valor 984101

New York Stock Exchange, Inc (2024-12-26)

USD 92.79+0.12%

Walmart Inc
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About company

Walmart Inc. is a multinational retail corporation that operates various formats of stores, including Walmart Neighborhood Markets and Walmart Supercenters. Neighborhood Markets are smaller stores that offer groceries, pharmacy services, and household items, while Supercenters are larger stores that provide a wide range of products, including groceries, electronics, apparel, and home furnishings. Walmart also has a significant international presence with thousands of retail units and hundreds of thousands of associates worldwide. The company's business model focuses on providing customers with a convenient one-stop shopping experience at affordable prices.

Summarized from source with an LLMView SourceSector: Consumer Services

Revenue Growth

In the third quarter of 2024, Walmart Inc. reported consolidated revenue of $169.6 billion, marking a 5.5% increase compared to the previous year. This growth was even more pronounced at 6.2% when adjusted for constant currency.

Operating Income

Walmart Inc.'s operating income for the third quarter of 2024 rose by $0.5 billion, an 8.2% increase. When adjusted for constant currency, the growth rate was 9.8%, driven by higher gross margins and increased membership income.

eCommerce Expansion

During the third quarter of 2024, Walmart Inc. experienced a significant 27% growth in global eCommerce sales. This expansion was largely fueled by store-fulfilled pickup and delivery services, as well as the marketplace.

Earnings Per Share

Walmart Inc. reported a GAAP EPS of $0.57 for the third quarter of 2024. The adjusted EPS was slightly higher at $0.58, excluding the net loss effect of $0.01 on equity and other investments.

Future Outlook

Looking ahead, Walmart Inc. has raised its guidance for the fiscal year 2025. The company expects net sales to grow between 4.8% and 5.1%, with adjusted operating income anticipated to increase by 8.5% to 9.25% in constant currency.

Summarized from source with an LLMView Source

Key figures

78.0%1Y

99.6%3Y

133%5Y

Performance

18.9%1Y

20.8%3Y

22.4%5Y

Volatility