Walmart Beats Expectations with Strong Q1 Earnings, Driven by E-commerce Growth and Higher-Income Shoppers from fortnite fortbite 22 Watch Video
Preview(s): Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
Your browser does not support playing the video.Please download the video!
⏲ Duration: 0:34 👁 View: 365K times ✓ Published: 17-May-2024
Description: Walmart reported fiscal first-quarter earnings for 2025 that beat analyst expectations. Walmart's e-commerce sales increased 22% year-over-year in the US, driven by strong online grocery pickup and delivery. Newer businesses like advertising and Walmart+ boosted profits significantly. The retail giant expects full-year revenue and earnings to come in at the high end or slightly above previous guidance. The company is seeing more higher-income shoppers, and e-commerce now surpasses store pickup in volume.