"You should be proud of your performance so far this year. The way you're serving customers and members, helping your fellow associates, and learning new skills as we change our business is impressive. You're not only saving people money, but you're also saving them more time, and they appreciate it."
— Doug McMillon, President and CEO
Q3 FY25 Earnings Results
Nov. 19, 2024
Message from Doug
Walmart Inc.: Total revenue was $169.6 billion for the quarter.
Walmart U.S.: Comp sales grew 5.3%, excluding fuel. eCommerce sales grew 22%, led by store-fulfilled pickup & delivery, advertising and marketplace.
Walmart International*: Net sales grew 12.4% in constant currency, led by Flipkart, Walmex and China.
Sam’s Club: Comp sales grew 7.0%, excluding fuel.
Global Advertising**: Grew 28%, with Walmart Connect up 26% in the U.S.
Global Inventory: Down 1.0%, including a decrease of 0.6% for Walmart U.S.
*For additional information regarding non-GAAP financial measures, click here.
**Our global advertising business is recorded either in net sales or as a reduction to cost of sales, depending on the nature of the advertising arrangement.
Earnings on Social
Message from John David Rainey, Chief Financial Officer
A Season of Savings
Unmatched savings, unrivaled convenience, the whole holiday season.
Holiday Dinner, Delivered
Thanksgiving dinner made even easier.
Diwali Made Delicious
The fabulous flavors of Diwali in the aisles of your local Walmart.
$16 Million in Hurricane Relief
Walmart, Sam's Club and the Walmart Foundation provide relief and recovery efforts in impacted states.
