Walmart Stores (WMT) Q3 FY2025: Shining Like a Star and Knocking Off Competitors

November 19, 2024

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Walmart Stores (WMT) Q3 FY2025: Shining Like a Star and Knocking Off Competitors

The world's largest retailer reported Q3 results that beat Wall Street expectations by a wide margin. Sales of $169.59 billion exceeded analysts' expectations of $167.5 billion (more below), while adjusted EPS also beat expectations by 5 cents to $0.58.

Here's how rest of Walmart's fiscal 2025 Q3 results compared to the consensus forecast: Overall annual sales growth: 5.5% vs. 3.81% expected. Walmart domestic U.S. sales growth: 5.3% vs. 3.68%. Customer traffic: 3.1% vs. 2.82%. Average unit sales growth: 2.1% vs. 1.20% anticipated.

Walmart U.S. reported a 5.3% increase in-store sales, driven by higher traffic (up 3.1%, once again) and higher average shopping ticket (up 2.1%). That compared to a 4.9% increase in the same period last year. In the United States, e-commerce sales grew 22% (compared to 2.22% in the same period last year), while the Walmart Connect advertising unit grew 26%.

Even though WMT looks far from being a cheap stock, it shows evidence of gaining momentum in all the most important media and metrics, so it still looks a highly welcomed instrument in everyone’s equity-based and mixed-assets portfolio — with both medium- and long-term outlooks.