Walmart had a strong quarter with significant sales and profit growth, driven by e-commerce improvements, membership gains, and technology investments. Despite facing currency headwinds and SG&A expense pressures, the company increased dividends and announced PhonePe's IPO preparation. The sentiment is positive due to the strong financial performance and strategic advancements.

Company Guidance

During Walmart's Fourth Quarter Fiscal Year 2025 Earnings Call, the company reported robust metrics, showcasing strong business performance. Sales growth was 5.2%, while adjusted operating income rose by 9.4% in constant currency. Walmart U.S. saw low single-digit growth in general merchandise, and the company's global advertising business expanded by 27%, contributing to a total revenue increase of 5.6% for the fiscal year. E-commerce sales grew by 16% during the quarter, with Walmart U.S. achieving a 20% increase. The company's consolidated gross margin improved by 53 basis points, driven by inventory management and business mix optimization. Walmart also highlighted international growth, with sales up 5.7% in constant currency and strong performances in markets such as China and India. The company announced plans for PhonePe's IPO in India and highlighted a 2.8% increase in inventory levels. For fiscal year 2026, Walmart projects a consolidated net sales growth of 3% to 4% and operating income growth of 3.5% to 5.5%, with adjusted EPS expected between $2.50 and $2.60.

Strong Sales and Profit Growth

Walmart reported sales growth of 5.2% and adjusted operating income increased by 9.4% in constant currency for the quarter.

E-commerce Growth and Improvement

E-commerce sales grew 20% in the U.S., with improved economics and a 20% reduction in net delivery cost per order.

Record Membership Growth

Global membership income grew 21% to about $3.8 billion, with strong growth in Sam's Club and Walmart Plus memberships.

Expansion of Fast Delivery Options

Walmart expanded store-fulfilled delivery catchment areas to reach 93% of U.S. households, with more than 30% of orders for expedited delivery.

Investment in Technology and Automation

Walmart is investing in supply chain automation and AI tools, saving 4 million developer hours last year, and plans to expand these tools.

Dividend Increase

Walmart announced a 13% increase in dividends, the largest in over a decade, reflecting strong cash returns to shareholders.

PhonePe IPO Announcement

Walmart's fintech business, PhonePe, is preparing for an IPO in India, marking a significant milestone.

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Walmart (WMT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

WMT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 15, 2025	2026 (Q1)	0.60 / -	0.6	―	―	―
Feb 20, 2025	2025 (Q4)	0.65 / 0.66	0.6	10.00% (+0.06)
Nov 19, 2024	2025 (Q3)	0.53 / 0.58	0.51	13.73% (+0.07)
Aug 15, 2024	2025 (Q2)	0.65 / 0.67	0.613	9.30% (+0.06)
May 16, 2024	2025 (Q1)	0.53 / 0.60	0.49	22.45% (+0.11)
Feb 20, 2024	2024 (Q4)	0.55 / 0.60	0.57	5.26% (+0.03)
Nov 16, 2023	2024 (Q3)	0.51 / 0.51	0.5	2.00% (+0.01)
Aug 17, 2023	2024 (Q2)	0.57 / 0.61	0.59	3.90% (+0.02)
May 18, 2023	2024 (Q1)	0.44 / 0.49	0.433	13.16% (+0.06)
Feb 21, 2023	2023 (Q4)	0.51 / 0.57	0.51	11.76% (+0.06)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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WMT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 20, 2025	$104.00	$97.21	-6.53%
Nov 19, 2024	$83.89	$86.41	+3.00%
Aug 15, 2024	$68.31	$72.81	+6.59%
May 16, 2024	$59.53	$63.69	+6.99%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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