Walmart Inc. reported strong second-quarter results with consolidated revenue of $169.3 billion, up 4.8%. Operating income increased by 8.5%, and adjusted EPS was $0.67. The company issued guidance for Q3 and raised its outlook for FY25.
Consolidated revenue increased by 4.8% to $169.3 billion.
Global eCommerce sales grew by 21%, driven by store-fulfilled pickup & delivery and marketplace.
Walmart U.S. comp sales increased by 4.2%.
Adjusted EPS was $0.67, excluding the impact of losses on equity and other investments.
The Company issues guidance for Q3 and raises its outlook for FY25. For Q3, net sales are expected to grow 3.25% to 4.25% and operating income to grow 3.0% to 4.5% in constant currency. For FY25, net sales are expected to grow 3.75% to 4.75% and adjusted operating income to grow 6.5% to 8.0% cc.
Visualization of income flow from segment revenue to net income