Walmart announced earnings on Thursday and credited third-party sellers and high-income customers for the 20% growth in its US ecommerce sales in its 4th quarter of Fiscal Year 2025 ended January 31, 2025, its eleventh consecutive quarter of double-digit growth. Read more
Walmart grew ecommerce sales 12% year-over-year in its latest fiscal quarter ended July 31, 2022 (which is its fiscal 2023 second quarter). It made a point of noting that online sales were up 18% when compared to the same quarter Read more
Walmart ecommerce sales in the second quarter grew by 97%, “with strong results across all channels,” it reported today. Keep in mind that Walmart’s fiscal year doesn’t match other top ecommerce companies, as the supplier consulting firm 8th & Walton Read more
We’ve seen how ecommerce pure-play marketplaces performed in Q1 (Amazon, eBay, and Etsy), today Walmart revealed its performance for its latest quarter (February, March, and April). Notably, the company also announced it’s closing down Jet.com, which it had acquired in Read more
Walmart grew its US ecommerce sales by 43% in the fourth quarter. The company said Walmart U.S. eCommerce continued to benefit from the expansion of grocery pickup and delivery and a broader assortment on Walmart.com. Note that its fiscal year Read more
Walmart is selling 80% of Walmart Brazil to private equity firm Advent International. Walmart entered the Brazilian market 22 years ago, and Walmart Brazil today has 438 stores in 18 states, with 55,000 associates. The moves is part of the Read more
Imagine serving nearly 270 million customers a week in 28 countries and generating $500.3 billion in revenue. Those are Walmart’s stats cited by its CEO Doug McMillon at last week’s annual shareholder meeting. “We are a growth company,” he said Read more
