Amazon just overtook Walmart in revenue for the first time
In the three months ending December 31, 2024, Amazon reported a 10% year-over-year increase in revenue to $187.8 billion, putting it ahead of Walmart ($180.6 billion) for the first time ever. This is despite the ecommerce platform being around three times larger than Walmart, which has a valuation of $780.92 billion.
For more than two years, the discounter has noticed more customers with six-figure incomes shopping on its website and in its ...
Gross margin rate up 53 bps, led by Walmart U.S. Operating income up $0.6 billion, or 8.3%, adjusted up 9.4% (cc) due to ...
Walmart on Thursday forecast sales for the fiscal year ending January 2026 below Wall Street's current estimates, signaling ...
Walmart stock is sinking Thursday as the retail giant's dreary outlook offsets a fourth-quarter earnings beat and dividend ...
Walmart revenue rose by roughly 5% to $680.47 billion for the year ending January 31, 2025, according to LSEG estimates ahead of the results. But some Walmart investors worry its bargain-price ...
Walmart forecasted sales growth between 3% to 4% and operating income growth in the ballpark of 3.5% to 5.5% for its next ...
Advertising offerings continue to be a growth driver for the big box retailer, which saw revenue increase 4.1% in Q4.
A weak forecast weighed on Walmart shares. The founder's three richest children each lost over $6 billion in net worth on the ...
The Street has largely defended Walmart's stock in the aftermath of the sell-off, opting to reiterate bullish ratings and ...
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