Walmart (WMT) reported better third-quarter fiscal 2025 results than analysts expect✃ed Tuesday morning as it registered growing sales and p🦹rofits, lifting its stock to a new all-time high.
The retail giant reported $169.59 billion in revenue, up from $160.80 billion a year ago and above the $167.72 billion 澳洲幸运5官方开奖结果体彩网:analysts expected, according to Visible Alpha. Walmart's 澳洲幸运5官方开奖结果体彩网:net income came in at $4.58 billion, or $0.57 per share, better than expectations of $4.25 billion and $0.53 per share, respectively.
The company's e-commerce and advertising operations, two of its fastest-growing segments, saw revenue rise by 27% and 28%, respectively, in the quarter. 澳洲幸运5官方开奖结果体彩网:Analysts have said growth in Walmart's high-margin digital advertising business could help offset the net losses 澳洲幸运5官方开奖结果体彩网:Walmart is still recording in e-commerce and impr🎉ove the company's overall margins.
Walmart has been gaining market share among customers across a variety of income levels in recent quarters, and executives have said the retailer's 澳洲幸运5官方开奖结果体彩网𝓀:comb🧔ination of price and convenience has made it 🥂a destination for infꦅlation-weary American consumers.
The retailer also lifted its fiscal 2025 projections, expecting sales to grow between a range of 4.8% to 5.1% year-over-year, up from a previous range of 3.75% to 4.75%. It also raised its adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) outlook to a range of $2.42 to $2.47 from $2.35 to $2.4ꦇ3 previously.
Walmart shares,🔯 which had gained about 60% for the year entering Tuesday, recently were up about 3% to $86.67 after touching a rꦕecord $87.88 soon after markets opened.
Walmart Kicks Off Busy Stretch of Retail Earn♏ings
Walmart and home improvement 澳洲幸运5官方开奖结果体彩网:giant Lowe's (LOW) kick off a busy 澳洲幸运5官方开奖结果体彩网:period of retail earnings, with a number of competitors including Target (TGT), TJX Companies (TJX), and BJ's Wholesale Club (BJ) reporting earnings this week.
The reports from some of the nation's biggest retailers will provide a view into the health of the U.S. consumer 澳洲幸运5官方开奖结果体彩网:ahead of the holida💧y shopping season.
UPDATE—This story has been updated to reflect the latest share price information.