Overview
- Quarterly revenue rose to about $177.4 billion, up roughly 4.8%, with U.S. comparable sales up 4.6% led by groceries and health and wellness, and global e-commerce growing 25%.
- Adjusted earnings per share were $0.68 versus the $0.73 expected, as a $450 million charge and higher labor and legal expenses weighed on results.
- Walmart raised full-year guidance to earnings of $2.52–$2.62 per share and projected net sales growth of 3.75%–4.75%.
- Executives said new U.S. tariffs raised costs; the company lifted prices on about 10% of imported items, absorbed other increases, and pulled forward some orders to manage exposure.
- To protect value perception, Walmart introduced 7,400 temporary in-store discounts and said average prices rose about 1%, while the stock fell roughly 4% during Thursday trading.