Walmart Racks Up Sales Record but Sees Slower Growth Ahead

Published On Feb 20, 2025, 7:37 AM

Walmart reported strong sales of $681 billion for the latest fiscal year, marking a 5.1% increase. The holiday season was especially fruitful, with a 20% rise in e-commerce sales. Despite these successes, the company issued a weaker revenue forecast for the coming year, projecting growth of only 3-4%, which fell short of analyst expectations and resulted in an 8% drop in stock premarket. Challenges include persistent inflation, risks related to tariffs, and potential unemployment increases that could strain lower-income shoppers, who still make up a significant part of Walmart's customer base.