Walmart Stores (WMT) Q3 FY2025: Shining Like a Star and Knocking Off Competitors
November 19, 2024
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.
Popular posts
Elon Musk's Tesla has Added a Dogcoin (DOGE) Payment Form to its Website. The Meme Coin Soars.
May 6, 2024
JPMorgan's Q1 Revenue Up by 9% to $41.93 Billion, but Guidance Disappointed
April 12, 2024
Global Grain Price Recoveries Appears Excessively Bullish vis-à-vis Inventories and Weather Factors
April 24, 2024