Key Takeaways
- Walmart reported second-quarter sales and adjusted EPS above expectations Thursday, while net income fell short.
- The retail giant lifted its full-year revenue and adjusted EPS guidance.
- Shares rose over 7% following the earnings report’s release.
Walmart (WMT) shares jumped Thursday as the retail giant reported better-than-expected second-quarter fiscal 2025 sales and adjusted earnings per share (EPS), leading the company to lift its outlook for the full year.
Walmart posted total revenue up nearly 5% year-over-year to $169.33 billion and adjusted EPS of $0.67, both better than analysts’ estimates compiled by Visible Alpha.
Net income attributable to the company, however, fell short of estimates at $4.5 billion, a drop of 43% from last year.
Walmart Lifts Guidance as Comparable Sales Rise
Comparable store sales grew across Walmart’s divisions. Comparable sales at Walmart U.S. rose 4.2% year-over-year, Walmart International jumped 8.3%, while membership-only Sam’s Club added 5.2%.
Walmart lifted its full-year guidance in response to the sales numbers, now projecting revenue to rise 3.75% to 4.75% from 3% to 4% previously. Walmart also raised its profit projections, expecting adjusted EPS between $2.35 to $2.43, versus $2.23 to $2.37 previously.
Walmart shares rose 7.8% to $74.00 an hour before the opening bell Thursday, putting shares up about 40% since the start of the year.