Walmart delivered another strong quarter of profits and sales increases, as its low prices have increasingly become a magnet for inflation-weary shoppers looking for a deal, especially through the critical holiday shopping season
Walmart reported strong profits and sales in 2024, driven by competitive pricing that attracted inflation-conscious shoppers during the holiday season. However, the company faces challenges in 2025, with earnings per share projections falling short of analyst expectations. Factors contributing to these challenges include reduced consumer spending, the impact of tariffs on China, and a broader decline in retail sales. Despite these headwinds, Walmart's e-commerce sales grew by 16% in the latest quarter. The company reported earnings of $5.25 billion, or 65 cents per share, in the quarter ending January 2024, with sales rising 4.1% to $180.55 billion. For 2025, Walmart expects earnings per share between $2.50 and $2.60, with sales projected to increase by 3% to 4%.
