Walmart Inc (NYSE: WMT) reported third-quarter FY24 sales growth of 5.2% year-over-year to $160.8 billion, beating the consensus of $159.55 billion.
Net sales from Walmart U.S. increased 4.4% Y/Y, Walmart International rose 10.8%, and Sam's Club U.S. was up 2.8%.
Walmart's total U.S. comp sales (ex-fuel) up 4.7%. Specifically, Walmart U.S. comp sales (ex-fuel) was up 4.9% and eCommerce up 24%, led by pickup & delivery.
Operating income rose 130.1% Y/Y to $6.20 billion, and the margin expanded by 209 bps to 3.9%.
Adjusted operating income up 3% Y/Y, positively affected by the impact of currency and LIFO, and ...