Walmart (WMT) Revenue — Quarter Ended Jul 31, 2023
Revenue rose in the current period, with growth compared to both the preceding period and the same period one year earlier. The increase was led by higher net sales.
Key takeaway
Quarter ended Jul 31, 2023 · FY2024 Q2
Revenue rose in the current period, with growth compared to both the preceding period and the same period one year earlier. The increase was led by higher net sales.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$160.3B
Revenue reported for this quarter.
Quarter-over-quarter
+6.1%
Change from the immediately preceding quarter.
Year-over-year
+5.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$625.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Oct 31, 2022 | $151.5B | +8.8% |
| Jan 31, 2023 | $162.7B | +7.4% |
| Apr 30, 2023 | $151B | +7.6% |
| Jul 31, 2023 | $160.3B | +5.9% |
Revenue performance
The company reported higher revenue for the quarter, continuing a pattern of year-over-year increases. Sequential performance also improved from the prior period.
Quarterly comparison
Compared to the immediately preceding period, revenue was higher. Compared to the same period one year earlier, revenue was also higher.
What to watch
The rate of revenue growth compared to the prior year differed from the sequential change, which may warrant attention.