Over a past year, Walmart’s stock price surged by 74%, rising from $52.2 to $90.8. The world’s largest retailer by sales published annual results on February 20 (for the fiscal year ending January 31, 2025). Revenue reached US$681 billion, marking a $33 billion increase in 12 months. Growth stood at 5.6% on a constant currency basis, matching last year’s pace and significantly outpacing food inflation, which reached 1.9% in the US. Walmart’s sales volumes have risen once again, reversing...
Driven by new profit streams in 2024, Walmart puts the spotlight on e-commerce
Walmart maintained growth while generating higher profits from the core business. With online sales accounting for 18% of total revenue -a level equivalent to Target - e-commerce triggered numerous positive additional opportunities, including marketplace expansion, advertising, fulfilment service and subscriptions.
You are reading this article thanks to your subscription to Mind Retail.
Explore new horizons by checking out our other verticals:
Do you have information to share with us?
Our other services
What you absolutely must read this week
The essential content of the week selected by the editorial team.
Most viewed articles of the month on mind Retail
What readers clicked on the most last month.
What readers clicked on the most last month.