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CEO NA Magazine > News > Walmart reports strong holiday sales, anticipates continued growth

Walmart reports strong holiday sales, anticipates continued growth

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Walmart beats predictions in latest quarter
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Today, Walmart Inc. announced fourth-quarter results with strong growth in revenue and adjusted operating income.

Holiday-quarter sales rose nearly 6%.

The company’s quarterly revenue was $190.7 billion, up 5.6%.

Globally, eCommerce grew 24% with strength across segments. Walmart U.S. comp sales grew 4.6%.

For the full year, Walmart’s revenue was $713.2 billion, up 4.7%.

Walmart President and CEO, John Furner, told investors: “The pace of change in retail is accelerating. It’s exciting. And our financial results show that we’re not only embracing this change, we’re leading it. For our customers and members, the future is fast, convenient, and personalized.”

Chief Financial Officer John David Rainey said “Our ability to serve customers at the scale that we have, combined with the speed that we now have, is really translating into continued market share gains.”

“I think we have, largely as a retail industry, absorbed or seen the brunt of the impact from tariffs.”

Looking ahead, the Company issues guidance for FY27 with net sales expected to grow 3.5% to 4.5% and adjusted operating income to grow 6.0% to 8.0%.

By CEO NA Editorial Staff

 

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