Walmart Stock Rises on Growing Sales, Profits, and Raised Outlook
Walmart (WMT)’s fiscal 2025 third-quarter results announced on Tuesday morning were better than analysts’ expectations, driving its shares higher as sales and profits continued to grow.
The retail giant quoted $169.59 billion incomeup from $160.8 billion a year ago and up from $167.72 billion analysts expectaccording to visible alpha. Walmart’s net income Price $4.58 billion dollars, or $0.57 Earnings per share were better than expected by $4.25 billion and $0.53 respectively.
The company’s e-commerce and advertising businesses are its two fastest-growing segments, with revenue rising 27% and 28%, respectively, in the quarter. analysts said Growth in Walmart’s high-margin digital ad business could help offset net loss Walmart is still recording e-commerce and improve the company’s overall profit margins.
Walmart has continued to gain market share among customers across income levels in recent quarters, and executives said the retailer’s Price meets convenience Making it a destination for inflation-weary American consumers.
The retailer also raised its forecast for fiscal 2025, projecting sales growth of 4.8% to 5.1% year-over-year, up from the previous range of 3.75% to 4.75%. It also improves the adjusted Earnings per share (EPS) The outlook range was raised to $2.42 to $2.47 from the previous range of $2.35 to $2.43.
Walmart shares, which have gained about 60% in the year through Tuesday, were up more than 4% shortly after the report.
Walmart begins busy retail profit phase
Walmart and Home Improvement Lowe’s Giant (low) starts to get busy retail profit periodwith many competitors including Target (TGT), TJX Corporation (Tian Jiaxing), BJ Wholesale Club (Beijing) reports earnings this week.
Reports from some of the nation’s largest retailers will provide insight into the health of U.S. consumers Ahead of the holiday shopping season.