Strong Sales and Profit Growth
Sales grew 5.9% overall in constant currency, and adjusted operating income grew 8%. E-commerce sales were up 27%, and advertising grew 53% globally.
International Segment Success
International sales increased by 11.4% in constant currency, with an adjusted operating income increase of 16.9%. Strong performance in China and India was noted.
Walmart U.S. Growth
Comp sales increased by 4.5%, and e-commerce grew by 28%. Positive growth in fashion, home, and automotive categories was highlighted.
Sam's Club Performance
Sam's Club U.S. delivered comp sales of 3.8%, with strong member engagement in digital channels. E-commerce sales were up 22%.
Tech and AI Advancements
Walmart is enhancing customer experience through AI, partnerships with OpenAI, and improved e-commerce capabilities.