Walmart reports 5.9% revenue growth and higher operating income
Walmart reported quarterly revenue of $187.9 billion, up 5.9% (5.1% in constant currency). Global eCommerce sales rose 23%, led by store-fulfilled pickup and delivery and marketplace, while advertising revenue increased 38%. Operating income rose $2.1 billion (28.8%; 17.4% adjusted), including tariff refund impacts partly offset by price investments, with an outlook focused on rolling remaining refunds into pricing.