Walmart reported first-quarter revenue of $165.6 billion, marking a 2.5% increase year-over-year, or 4.0% growth in constant currency. Operating income rose 4.3%, or 3.0% on an adjusted constant currency basis. The company’s global eCommerce business was a standout, surging 22% compared to the prior year, driven by strong demand for online pickup, delivery, and marketplace offerings.
Key Takeaways:
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Walmart’s revenue and operating income grew steadily, with eCommerce sales up 22% globally.
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Adjusted earnings per share of $0.61 beat analyst estimates, reflecting strong operational performance.
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The company maintained its full-year forecast and provided Q2 sales guidance despite ongoing economic uncertainties.
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