Walmart (WMT) Revenue — Quarter Ended Jul 31, 2024
Revenue increased in the current quarter compared to the prior quarter and the same period last year. The sequential growth was driven by higher net sales, while the year-over-year rise also reflected continued demand.
Key takeaway
Quarter ended Jul 31, 2024 · FY2025 Q2
Revenue increased in the current quarter compared to the prior quarter and the same period last year. The sequential growth was driven by higher net sales, while the year-over-year rise also reflected continued demand.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$167.8B
Revenue reported for this quarter.
Quarter-over-quarter
+4.9%
Change from the immediately preceding quarter.
Year-over-year
+4.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$659.1B
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, 2023 | $159.4B | +5.3% |
| Jan 31, 2024 | $171.9B | +5.6% |
| Apr 30, 2024 | $159.9B | +5.9% |
| Jul 31, 2024 | $167.8B | +4.7% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, showing a sequential improvement. The company also posted a gain compared to the same quarter a year earlier.
Quarterly comparison
Revenue in the current quarter exceeded that of the prior quarter, and also surpassed the level from one year ago. Both comparisons indicate a consistent upward trend.
What to watch
The filing noted that management uses return on investment as a key metric, and trends may fluctuate as long-term strategic initiatives are balanced with short-term impacts.