BENTONVILLE, Ark.--(BUSINESS WIRE)--Walmart Inc. (NYSE: WMT): Second Quarter Highlights: Revenue of $177.4 billion, up 4.8%, or 5.6% (cc) Global eCommerce sales grew 25%, led by store-fulfilled pickup & delivery and marketplace Global advertising business grew 46%, including VIZIO; Walmart Connect in the U.S. up 31% Membership and other income up 5.4%, including 15.3% growth in membership income globally Gross margin rate up 4 bps, led by Walmart U.S. Operating income decreased $0.7 billion
Related Questions
How will the strong eCommerce growth and advertising revenue expansion affect Walmart's valuation multiples compared to its historical averages?
What are the implications of the $0.7 billion operating income decline for cash flow generation and dividend sustainability?
How does Walmart's performance this quarter compare with its peers (e.g., Target, Amazon) in terms of revenue growth, margin expansion, and membership income trends?