Overview
- Walmart beat expectations with $179.5 billion in revenue and $0.62 adjusted EPS, and raised full‑year sales growth guidance to 4.8%–5.1%.
- The stock jumped more than 6% on the day, making it one of the S&P 500’s best performers.
- Jim Cramer praised the results and said investors are willing to pay a premium despite a valuation near 40 times earnings.
- Walmart said it will transfer its listing from the New York Stock Exchange to the Nasdaq.
- The company has outlined a CEO transition from Doug McMillon to John Furner, with reports citing February, as Cramer flagged roughly 28% e‑commerce growth and tariffs proving less damaging than feared.