Strong Sales And Future Outlook

Walmart Q2 Earnings: Growth and Expectations

Strong Sales and Future Outlook

Walmart has reported strong growth in sales and income for the second quarter of its fiscal 2025.

The company raised its expectations for net sales and operating income for the fiscal year.

Key Highlights

Growth in Sales

• Sales at US Walmart stores rose over 4% to $115.3 billion.
• Overall revenue increased by 4.8% to $169.3 billion, exceeding Wall Street forecasts.
• Quarterly revenue of $169.3 billion surpassed estimates of $168.47 billion.

Revenue and Income Projections

• Net sales are expected to increase by 3.5% for the fiscal year.
• Operating income is projected to rise up to 4.5%.

Defying Spending Concerns

Despite rumors of reduced consumer spending, Walmart's performance indicates continued consumer confidence.

Sources

• CNBC: Walmart Q2 Earnings
• Reuters: Walmart Raises Annual Sales Forecast
• Walmart: Q2 FY23 Earnings Press Release