Walmart announced its third-quarter results, reporting strong revenue growth and adjusted operating income.
In Q3, the retail giant reported revenue of $179.5 billion, up 5.8%. Globally, eCommerce grew by 27%, with each business segment expanding by over 20%.
Walmart U.S. comparable sales increased by 4.5%, driven by strength across multiple categories.
Doug McMillon, President and CEO of Walmart, told investors, “The team delivered another strong quarter across the business. eCommerce was a bright spot again this quarter. We’re gaining market share, improving delivery speed, and managing inventory well. We’re well- positioned for a strong finish to the year and beyond that, thanks to our associates.”
The departing CEO added, “It’s been an honor to serve them as CEO, and I’m as excited about the future of this company as I’ve ever been. John Furner is a fantastic leader with a proven track record. I couldn’t be happier for him and for Walmart.”
Today’s report marks the second consecutive quarter in which Walmart has raised its full-year forecast.
For fiscal year 2026, the company increased its forecast for net sales growth from 4.8% to 5.1% and revised its outlook for adjusted operating income to be between 4.8% and 5.5%.
Today, Walmart also announced that it will move its common stock listing to Nasdaq, with trading starting there on Dec. 9. The stock is currently listed on the New York Stock Exchange and will retain the same ticker symbol, “WMT.”
Walmart’s shares have increased approximately 11% this year.
By CEO NA Editorial Staff
