Walmart reports US$183B in revenue driven by net sales, membership income

GLOBAL – Walmart’s total revenue for the fourth quarter of fiscal 2025 rose by 5.3%, reaching US$182.6 billion fueled by higher net sales and a rise in membership income.

Walmart International, which includes Canada, recorded a 5.7 per cent rise in net sales, surpassing the 4.6 per cent growth seen in the United States.

Within this segment, Canada was a key contributor, posting a 5.5 per cent increase in net sales, amounting to US$6.3 billion. China also performed well, with a 27.7 per cent increase, generating $5.1 billion in sales.

E-commerce sales in Canada surged by 30 per cent, largely due to an increase in store-fulfilled pickup and delivery services.

The company also reported steady demand in food and consumables, along with a rise in general merchandise sales during festive events. Walmart emphasized that membership income in its international division saw over 20 per cent growth.

Walmart CEO Doug McMillon expressed optimism about the company’s progress, stating, “Our strategy is yielding positive results, with newer businesses diversifying profits and reinforcing the resilience of our business model.” He also pointed to the expansion of online and store-fulfilled sales as a major driver of growth.

The company reported a global membership income increase of 16 per cent, while membership and other income rose 17 per cent overall. The rise in these areas has played a significant role in boosting revenue and profit margins.

Looking ahead, Walmart has projected net sales growth of 3 to 4 per cent for the first quarter of fiscal 2026. This is slightly lower than analysts’ expectations of 4 per cent growth.

Industry experts believe the revised forecast reflects concerns about consumer spending, particularly as inflationary pressures continue to affect purchasing behavior.

Despite the cautious outlook for the upcoming quarter, Walmart remains confident in its long-term approach. In the third quarter of fiscal 2025, the company recorded a 5.5 per cent increase in revenue, reaching US$169.6 billion.

Operating income also rose by 8.2 per cent, supported by higher gross margins and increased membership revenue.

In the second quarter, Walmart had reported a 3.0 to 4.0 per cent increase in net sales, bringing in US$159.9 billion. Global e-commerce sales grew by 16 per cent, with pickup and delivery services playing a crucial role in the expansion.

Walmart’s performance over the past year indicates steady progress, with a strong presence in international markets and growing digital sales. As the company moves forward, its focus on adapting to changing consumer habits will likely shape its next phase of growth.

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