People like Walmart's (WMT) prices. But they’re also picking the retailer for convenience—and📖 paying more to do it.

Walmart is profiting from the desire of consumers to stay home and have goods delivered to them, CEO Doug McMillon told investors during a conference call Thursday. The retailer’s revenue from 澳洲幸运5官方开奖结果体彩网:Walmart Plus—which offers free delivery for $12.95 a month—jumped year-over-year by double digits in the fiscal fourth quarter.

Customers, including Plus members, paid even more to have groceries and other goods delivered within three hours for about 30% of orders, executives said. Th𒐪at shot up to 77% on Christmas Eve, they said.

Boosting 'Ability to Serve People How They Want to Be Served'

“We’re🥀 strengthening our ability to serve people how they want to be served in the moment,” McMillon said, according to a transcript of the call made available from AlphaSense. “That’s what’s driving our growth.”

Walmart pharmacies now provide same-day delivery, and the company has set itself up to offer same-day service to 93% of US households, 澳洲幸运5官方开奖结果体彩网:Chief Financial Officer John David Rainey said. 

The company's shares dropped Thursday after executives 澳洲幸运5官方开奖结果体彩网:shared less-optimistic forecasts than analysts were anticipating. Walmart projects its revenue will grow 3% to 4% both in the current quarter and for the full 2026 fiscal year, lower than the expected 3.7% and 4.2% growth, respectively, that was put forward by Wall Street analysts. 

McMillon said he was confident Walmart had a lucrative futu🌟re in catering to consumers’ demand for convenience. 

“If I could change anything about how we're perceived today, it'd be that more people know about our breadth of assortment online and our increasing delivery speed,” he said.