Amazon's revenue finally overtakes Walmart: Morning Brief
Published On Feb 7, 2025, 6:01 AM
Amazon's revenue has officially surpassed Walmart's for the first time, with the company reporting fourth-quarter sales of $187.8 billion, a 10% increase, while Walmart's revenue is expected to be around $180 billion, a 4% rise. This shift marks 10 years since Amazon's market cap first overtook Walmart's in 2015. The growth can be attributed to Amazon's diversified offerings, including cloud services and streaming, which have supported its profitable trajectory. In contrast, while retail remains significant, it is now complemented by stronger revenues from services like cloud storage and anticipated growth in AI.
Stock Forecasts
AMZN
Positive
With Amazon's revenue surpassing Walmart's and its diverse business model showing robust growth, the outlook for AMZN remains positive. The emphasis on cloud services and AI innovation positions Amazon for continued growth beyond traditional retail.
WMT
Negative
Walmart's upcoming earnings report is expected to show a slower revenue growth rate than Amazon, which may put pressure on its stock in the near term. Given the retail competitive landscape and Amazon's recent performance, Walmart may face challenges in maintaining its market position.
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