Amazon just overtook Walmart in revenue for the first time
In the three months ending December 31, 2024, Amazon reported a 10% year-over-year increase in revenue to $187.8 billion, putting it ahead of Walmart ($180.6 billion) for the first time ever. This is despite the ecommerce platform being around three times larger than Walmart, which has a valuation of $780.92 billion.
A weak forecast weighed on Walmart shares. The founder's three richest children each lost over $6 billion in net worth on the ...
Walmart, which describes itself as a retailer focused on saving people money, is enjoying a boost in online sales from a ...
BENTONVILLE, ARK. — Walmart issued cautious guidance for its current fiscal year despite strong fiscal 2025 results and ...
Advertising offerings continue to be a growth driver for the big box retailer, which saw revenue increase 4.1% in Q4.
Gross margin rate up 53 bps, led by Walmart U.S. Operating income up $0.6 billion, or 8.3%, adjusted up 9.4% (cc) due to ...
For more than two years, the discounter has noticed more customers with six-figure incomes shopping on its website and in its ...
Walmart forecasted sales growth between 3% to 4% and operating income growth in the ballpark of 3.5% to 5.5% for its next ...
Higher egg prices, an issue U.S. President Donald Trump spoke about often during his election campaign last fall, boosted ...
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