Walmart (WMT) reported better third-quarter fiscal 2025 results than analysts expected Tuesday morning as it registered growing sales and profits, sending its stock higher.
The retail giant reported $169.59 billion in revenue, up from $160.80 billion a year ago and above the $167.72 billion analysts expected, according to Visible Alpha. Walmart’s net income came in at $4.58 billion, or $0.57 per share, better than expectations of $4.25 billion and $0.53 per share, respectively.
The company’s e-commerce and advertising operations, two of its fastest-growing segments, saw revenue rise by 27% and 28%, respectively, in the quarter. Analysts have said growth in Walmart’s high-margin digital advertising business could help offset the net losses Walmart is still recording in e-commerce and improve the company’s overall margins.
Walmart has been gaining market share among customers across a variety of income levels in recent quarters, and executives have said the retailer’s combination of price and conveniencehas made it …