•
Jan 31, 2024

Walmart Q4 2024 Earnings Report

Walmart's Q4 2024 earnings showcased strong revenue growth and improved operating income.

Key Takeaways

Walmart reported strong Q4 results with a 5.7% increase in revenue to $173.4 billion. eCommerce sales grew by 23%. The company issued guidance for FY25, projecting growth in net sales and operating income.

Consolidated revenue increased by 5.7% to $173.4 billion.

Global eCommerce sales grew by 23%.

Walmart U.S. comp sales grew by 4.0%.

Adjusted EPS was $1.80, excluding a net gain on equity and other investments.

Total Revenue
$173B
Previous year: $164B
+5.7%
EPS
$0.6
Previous year: $0.57
+5.3%
Walmart U.S. comp sales
4%
Previous year: 8.3%
-51.8%
Sam's Club comp sales
3.1%
Previous year: 12.2%
-74.6%
Gross Profit
$41.6B
Previous year: $38.6B
+7.6%
Cash and Equivalents
$9.87B
Previous year: $8.89B
+11.1%
Free Cash Flow
$15.1B
Previous year: $12.2B
+23.9%
Total Assets
$252B
Previous year: $243B
+3.7%

Walmart

Walmart

Walmart Revenue by Segment

Walmart Revenue by Geographic Location

Forward Guidance

Walmart provided guidance for Q1 2025, projecting a consolidated net sales increase of 4.0% to 5.0% in constant currency and an adjusted EPS of $1.48 to $1.56 pre-split.

Positive Outlook

  • Consolidated net sales (cc) increase 4.0% to 5.0%
  • Leap year estimated to benefit approximately 100bps
  • Consolidated operating income (cc) increase 3.0% to 4.5%
  • Adjusted EPS $1.48 to $1.56 pre-split
  • Adjusted EPS $0.49 to $0.52 post-split

Revenue & Expenses

Visualization of income flow from segment revenue to net income