BENTONVILLE, AR – Second quarter results at Walmart Inc. revealed strong growth in revenue for each business segment. Globally, e-commerce grew 25% across all segments. Sales gains in Walmart U.S. reflect e-ommerce acceleration, led by store-fulfilled delivery, advertising, and marketplace. Walmart International e-commerce sales grew more than 10% in constant currency, with broad-based growth across product categories and strong response to seasonal events.
Second Quarter Highlights
- Revenue of $177.4 billion, up 4.8%;
- Global eCommerce sales grew 25%;
- Global advertising business grew 46%; and
- Membership and other income up 5.4%
“The top-line momentum we have in our business comes from how we’re innovating and executing,” said Doug McMillon, president and CEO, Walmart. “Connecting with our customers and members through digital experiences is helping to drive our business, and the way we’re deploying AI will make these experiences even better. We’re people-led and tech-powered, and I love how our associates continue to drive change and results for our company.”
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