DBT Bureau
Pune, 22 Feb 2025
In Q4 FY25, Walmart outpaced sales growth with a faster increase in operating income, driven by strong operational discipline and the expansion of higher-margin areas like advertising. The company is strategically allocating capital to areas with the highest returns, leveraging technology to enhance the customer experience.

Building
customer trust
Strengthening Walmart stores and clubs, while growing eCommerce business.
Global eCommerce
16%
Led by store-fulfilled pickup & delivery
Diversifying
business mix
Serving customers in new ways.
Global advertising
29%
Walmart Connect grew 24% in the U.S.
Driving
higher returns
Focusing investments in areas with attractive returns and driving productivity improvements through disciplined execution.
Return on assets
7.9%
Return on investment
15.5%
Customers are prioritizing value and convenience, and Walmart continues to meet their needs across stores, clubs, and online channels. In Q4 FY25, the company surpassed expectations by offering a wider selection, quicker delivery times, and exceptional value.
Investing
in the future
Increasing Walmart competitive advantages and enhancing the omnichannel experience.
Global eCommerce penetration
18% (of FY25 net sales)
~1100 bps higher, compared to FY20

Walmart saw robust performance across all segments in Q4 FY25, supported by growth in eCommerce. Transaction volumes and unit sales increased compared to the previous year, contributing to market share growth and healthy inventory levels.