Revenue Growth - Consolidated revenue grew 5.5% to $169.6 billion, with operating income increasing 8.2% to $0.51 billion[4] - Net sales increased by 5.4% to $168,003 million for the three months ended October 31, 2024, compared to $159,439 million in the same period last year[19] - Total revenues grew by 5.5% to $169,588 million for the three months ended October 31, 2024, up from $160,804 million in the prior year[19] - Total revenues for the three months ended October 31, 2024, were $30.644 billion, an 8.0% increase year-over-year, and $169.588 billion for the nine months, a 5.5% increase[31] - Net sales for the three months ended October 31, 2024, were $30.277 billion, an 8.0% increase year-over-year, and $168.003 billion for the nine months, a 5.4% increase[31] eCommerce Performance - Global eCommerce sales grew 27%, driven by store-fulfilled pickup & delivery and marketplace[4] - Walmart U.S. comp sales increased 5.3%, with eCommerce sales up 22%[7][8] - Walmart International net sales grew 8.0% to $30.3 billion, with eCommerce sales up 43%[8][9] - Sam's Club U.S. net sales increased 3.9% to $22.9 billion, with eCommerce sales up 26%[11][12] Financial Performance - Operating income rose by 8.2% to $6,708 million for the three months ended October 31, 2024, compared to $6,202 million in the same period last year[19] - Consolidated net income attributable to Walmart surged by 910.4% to $4,577 million for the three months ended October 31, 2024, from $453 million in the prior year[19] - Basic net income per common share attributable to Walmart increased by 850.0% to $0.57 for the three months ended October 31, 2024, compared to $0.06 in the same period last year[19] - Consolidated net income for the nine months ended October 31, 2024, was $14.7 billion, up from $10.6 billion in the same period in 2023[23] - Walmart's operating income for the three months ended October 31, 2024, increased by 8.2% to $6.7 billion, compared to $6.2 billion in the same period in 2023[25] - Operating income for the three months ended October 31, 2024, was $1.204 billion, a 7.8% increase year-over-year, and $6.708 billion for the nine months, an 8.2% increase[31] - Adjusted operating income for the nine months ended October 31, 2024, was $21.744 billion, a 9.5% increase compared to the prior year[33] - Adjusted operating income in constant currency for the nine months ended October 31, 2024, was $21.808 billion, a 9.9% increase compared to the prior year[33] - Consolidated net income for the trailing twelve months ended October 31, 2024, was $20.41 billion, up from $16.40 billion in the same period in 2023[48] - Operating income for the trailing twelve months ended October 31, 2024, was $28.74 billion, compared to $25.32 billion in the same period in 2023[50] Cash Flow and Capital Expenditures - Operating cash flow increased $3.9 billion year-to-date to $22.9 billion, with free cash flow up $1.9 billion to $6.2 billion[6] - Net cash provided by operating activities for the nine months ended October 31, 2024, was $22.9 billion, compared to $19.0 billion in the same period in 2023[23] - Free cash flow for the nine months ended October 31, 2024, was $6.222 billion, an increase of $1.9 billion compared to the same period in the prior year[36] - Net cash provided by operating activities for the nine months ended October 31, 2024, was $22.918 billion, an increase of $3.9 billion compared to the prior year[36] - Capital expenditures for the nine months ended October 31, 2024, were $16.696 billion, an increase of $2.0 billion compared to the prior year[36] Inventory and Cost Management - Inventory decreased 0.6% to $63.3 billion while maintaining healthy in-stock levels[6][8] - Cost of sales increased by 5.1% to $127,340 million for the three months ended October 31, 2024, compared to $121,183 million in the same period last year[19] - Operating, selling, general and administrative expenses rose by 6.3% to $35,540 million for the three months ended October 31, 2024, from $33,419 million in the prior year[19] Membership and Advertising - Global advertising business grew 28%, including 26% growth for Walmart Connect in the U.S.[4] - Walmart U.S. gross profit rate increased 42 bps, with membership income up double-digits[8] - Membership and other income grew by 16.1% to $1,585 million for the three months ended October 31, 2024, up from $1,365 million in the prior year[19] Tax and Interest - Interest, net decreased by 11.0% to $478 million for the three months ended October 31, 2024, compared to $537 million in the same period last year[19] - Other gains and losses dropped by 97.2% to $132 million for the three months ended October 31, 2024, from $4,750 million in the prior year[19] - The reported effective tax rate for the three months ended October 31, 2024, was 22.7%, and 23.8% for the nine months[40] Asset and Investment Metrics - Walmart's total assets increased to $263.4 billion as of October 31, 2024, compared to $252.4 billion on January 31, 2024[21] - ROA increased to 7.8% for the trailing twelve months ended October 31, 2024, compared to 6.5% in the same period in 2023, driven by higher consolidated net income[46][48] - ROI rose to 15.1% for the trailing twelve months ended October 31, 2024, up from 14.1% in the same period in 2023, primarily due to increased operating income[46][50] - Average total assets for the trailing twelve months ended October 31, 2024, were $261.29 billion, up from $253.42 billion in the same period in 2023[48][50] - Average invested capital for the trailing twelve months ended October 31, 2024, was $292.67 billion, compared to $280.35 billion in the same period in 2023[50] - Total assets as of October 31, 2024, were $263.40 billion, up from $259.17 billion as of October 31, 2023[50] - Accumulated depreciation and amortization as of October 31, 2024, was $122.81 billion, compared to $118.12 billion as of October 31, 2023[50] - Accounts payable as of October 31, 2024, were $62.86 billion, up from $61.05 billion as of October 31, 2023[50] Comparable Sales Growth - Walmart U.S. comparable sales, excluding fuel, increased by 5.3% for the 13 weeks ended October 25, 2024, compared to 4.9% in the same period in 2023[26] - Sam's Club comparable sales, excluding fuel, increased by 7.0% for the 13 weeks ended October 25, 2024, compared to 3.8% in the same period in 2023[26] - Total U.S. comparable sales, excluding fuel, increased by 5.5% for the 13 weeks ended October 25, 2024, compared to 4.7% in the same period in 2023[26] Guidance and Future Expectations - Company raised FY25 guidance, expecting net sales growth of 4.8% to 5.1% and adjusted operating income growth of 8.5% to 9.25%[1][14] - Adjusted diluted earnings per share (Adjusted EPS) for the three months ended October 31, 2024, was $0.58, and $1.84 for the nine months[40]

EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...

Third-quarter results from retail giants Walmart (WMT)  and Target (TGT)  will be a highlight of this week’s earnings lineup.  Both omnichannel retailers are expected to post sound quarterly growth with Walmart and Target set to release their Q3 reports on Tuesday, November 19, and Wednesday, November 20, respectively.   Walmart Q3 Expectations Based on Zacks estimates, Walmart’s Q3 sales are expected to be up 4% to $167.49 billion. On the bottom line, Walmart’s Q4 EPS is projected to increase 4% as well to ...

The world's largest brick-and-mortar retailer — Walmart (WMT) — is scheduled to report its third-quarter fiscal 2025 results on Nov. 19, before market open. Let’s take a closer look at its fundamentals ahead of the earnings release.Walmart has gained 14.3% over the past three months, outperforming the Zacks industry average growth of 9.1%. The outperformance is likely to continue if Walmart comes up with an earnings beat (read: Retail ETFs in Focus Ahead of Big-Box Q3 Earnings). This has put ETFs having a s ...

Walmart Inc. (WMT) is likely to register top and bottom-line growth when it reports third-quarter fiscal 2025 earnings on Nov. 19. The Zacks Consensus Estimate for revenues is pegged at $167.5 billion, implying a 4.2% increase from the prior-year quarter’s reported figure. The consensus mark for earnings has remained unchanged in the past 30 days at 53 cents per share, indicating 3.9% growth from the figure reported in the year-ago quarter. WMT has a trailing four-quarter earnings surprise of 6.9%, on avera ...

EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...

Brian Gilmartin, is a portfolio manager at Trinity Asset Management, a firm he founded in May, 1995, catering to individual investors and institutions that werent getting the attention and service deserved, from larger firms. Brian started in the business as a fixed-income / credit analyst, with a Chicago broker-dealer, and then worked at Stein Roe & Farnham in Chicago, from 1992 - 1995, before striking out on his own and managing equity and balanced accounts for clients. Brian has a BSBA (Finance) from Xav ...

MicroStockHub S&P 500 earnings continue to be healthy, as evidenced by the weekly trend in the quarterly EPS and revenue growth rates for the S&P 500 that are detailed below in the Excel spreadsheet. In the bordered boxes, note the ...

Key TakeawaysWalmart is due to report earnings Tuesday morning, with analysts expecting sales to continue growing as Walmart's customer base grows.The retailer said its market share grew across income levels in recent quarters, which analysts said should continue.Walmart's growing digital advertising business is also a focus, as Bank of America analysts said it is boosting Walmart's overall profit margins. Walmart (WMT) is slated to report earnings before the market opens Tuesday for the third quarter of fi ...

Walmart (WMT) shares have been standout performers this year, handily outperforming not just the broader market indexes and peers like Target (TGT) but also the likes of Amazon (AMZN) and most of the Magnificent 7 group members.With the company on deck to report quarterly results on Tuesday, November 19th, it will be interesting if the stock can maintain its performance momentum after the results. Walmart shares were up big following the beat-and-raise quarterly results on August 15th, with the positive tre ...