Walmart (WMT) Q3 2024 Earnings Breakdown

Key Highlights:

• Global eCommerce Sales: Continued impressive growth at 27%, driven by store-fulfilled pickup & delivery and marketplace expansion.
• Walmart U.S. Comp Sales: Increased by a healthy 5.3%, demonstrating broad-based strength across merchandise categories and channels.
• Strong Transaction Growth: Both Walmart U.S. and Sam's Club saw positive transaction growth, indicating increased customer engagement.
• Global Advertising Business: Showed strong performance, growing 28%, including 26% growth for Walmart Connect in the U.S.
• Inventory Management: Global inventory decreased by 1.0%, reflecting efficient inventory control while maintaining healthy in-stock levels.