"You all are doing a great job of executing every day while learning and changing our business at the same time. I’m really proud of you. Please thank your teammates. Encourage each other. As we work together, there’s nothing we can’t do. We are just getting started."


Doug McMillon, President and CEO

FY25 Q4 Earnings Results

Feb. 20, 2025

Message from Doug

Walmart Inc.

Total revenues for the quarter were $180.6 billion and $681.0 billion for the full fiscal year.

Walmart U.S.

Comp sales grew 4.6%, excluding fuel. eCommerce grew 20% YoY, driving comp sales.

Walmart International

Net sales grew 5.7%, led by China, Walmex and Canada.

Sam's Club

Comp sales grew 6.8%, excluding fuel.

Global Advertising**

Grew 29%, with Walmart Connect up 24% in the U.S.

Global eCommerce

Grew 16%, led by store-fulfilled pickup & delivery.

*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

Family in holiday shop

Delivering value for the holidays

We dished out the savings with our Holiday Ham Basket, a deal that included 28 items and served up to 12 people for under $5 a person.

Photo of store sign for Lider with a spark.

Spurring growth in Walmart Chile

Our five-year, $1.3 billion investment in Walmart Chile includes the opening of 70 new stores and 4,000 new jobs.

Creating new entertainment experiences

With the completed acquisition of VIZIO, we’ve set a course to accelerate growth in our advertising business, Walmart Connect.

Staying member-focused

With the creation of a new Experience organization, members can expect a retail experience that works just for them.

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