Bentonville, Ark. — Walmart Inc. announces third-quarter results with strong growth in revenue and operating income. Globally, e-commerce grew 27% with penetration up across all segments. Walmart U.S. comp sales are up 5.3% with positive growth in general merchandise. Looking ahead, the company raises its guidance for fiscal year 25 with net sales expected to grow 4.8% to 5.1% and adjusted operating income to grow 8.5% to 9.25% in constant currency (cc).
“We had a strong quarter, continuing our momentum,” says Doug McMillon, president and CEO, Walmart. “Our associates are working hard to save people time and money and to transform our business. In the U.S., in-store volumes grew, pickup from store grew faster and delivery from store grew even faster than that. Our teams are executing and delighting our customers and members with the value and convenience they expect from Walmart.”
The company held a conference call with the investment community on Nov. 19, 2024, to discuss its third quarter earnings results for fiscal year 2025. The webcast will be archived and available on the company website.
Walmart Inc. operates approximately 10,500 stores and numerous e-commerce websites in 19 countries. With fiscal year 2024 revenue of $648 billion, Walmart employs approximately 2.1 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. For more information, visit https://corporate.walmart.com.