Walmart (WMT) Revenue — Quarter Ended Oct 31, 2023
Revenue for the quarter increased compared to the same period last year, reflecting continued growth. However, on a sequential basis, revenue declined slightly from the prior quarter.
Key takeaway
Quarter ended Oct 31, 2023 · FY2024 Q3
Revenue for the quarter increased compared to the same period last year, reflecting continued growth. However, on a sequential basis, revenue declined slightly from the prior quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$159.4B
Revenue reported for this quarter.
Quarter-over-quarter
-0.5%
Change from the immediately preceding quarter.
Year-over-year
+5.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$633.5B
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 |
|---|---|---|
| Jan 31, 2023 | $162.7B | +7.4% |
| Apr 30, 2023 | $151B | +7.6% |
| Jul 31, 2023 | $160.3B | +5.9% |
| Oct 31, 2023 | $159.4B | +5.3% |
Revenue performance
The company reported higher revenue year over year, but experienced a modest sequential decline.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was slightly lower. Compared to the same quarter one year ago, revenue was higher.
What to watch
Monitor whether the sequential revenue trend stabilizes or continues in subsequent quarters.