Multination retail corporation Walmart has reported consolidated revenue of $169.3bn in the second quarter (Q2) of fiscal 2025 (FY25), up 4.8% compared with $161.6bn in the same period in fiscal 2024 (FY24). 

The retailer’s e-commerce sales grew 21% in the quarter, driven by store fulfilled pickup and delivery and marketplace. 

Walmart delivered consolidated operating income of $7.9bn in Q2 FY25, increasing 8.5% from $7.3bn in the prior year quarter. 

Its adjusted operating income also rose by 7.2% to $7.9bn. 

Walmart reported earnings per share of $0.56 in Q2 FY25, decreasing 42.3% from $0.97 in Q2 FY24. 

The retailer saw its consolidated gross margin rate rise by 43 basis points over the quarter, led by Walmart US and Walmart International. 

Over the quarter, net sales of Walmart US increased by 4.1% to $115.3bn and net sales of its international business rose by 7.1% to $29.6bn. 

Walmart president and CEO Doug McMillon said: “Our team delivered another strong quarter. They work hard every day to help our customers and members save time and money.  

“Each part of our business is growing – store and club sales are up, e-commerce is compounding as we layer on pickup and even faster growth in delivery as our speed improves. Our newer businesses like marketplace, advertising, and membership, are also contributing, diversifying our profits and reinforcing the resilience of our business model.”  

For full year 2025, Walmart expects consolidated net sales to grow by 3.75% to 4.75% and adjusted EPS in the range of $2.35 to $2.43. 

In the third quarter, the retailer expects consolidated net sales to increase of 3.25% to 4.25% and consolidated operating income to grow 3.0% to 4.5%. 

Its adjusted EPS is expected to be in the range of $0.51 to $0.52. 

In June this year, Walmart broadened the reach of its InHome delivery service, extending it to an additional ten million households.