Walmart Q3 Earnings: Revenue Beat, ECommerce Growth Shines, Issues Bullish Outlook For FY25
Walmart Q3 Earnings: Revenue Beat, ECommerce Growth Shines, Issues Bullish Outlook For FY25
The gross Walmart Inc (NYSE:WMT) shares are trading higher on Tuesday after the company announced third-quarter results and raised its fiscal-2025 guidance.
沃尔玛公司（纽交所：WMT）的股价周二上涨，因该公司宣布了第三季度业绩，并提高了其2025财年指引。
The retailer reported adjusted EPS of 58 cents, beating the consensus of 53 cents.
该零售商报告的调整后每股收益为58美分，超过了53美分的共识。
Sales were $169.59 billion, up 5.5% year over year or 6.2% (at constant currency), beating the consensus of $167.72 billion.
销售额为1695.9亿美元，同比增长5.5%，或6.2%（按恒定汇率计算），超过了1677.2亿美元的共识。
The gross margin rate was up 21 bps, aided by improvement in the Walmart U.S.
毛利率上升了21个基点，得益于沃尔玛美国业务的改善。
Operating income was up $0.5 billion, or 8.2%, and up 9.8% year over year (at constant currency) on higher gross margins, growth in membership income, and reduced eCommerce losses.
营业利润增加了5亿美元，增长了8.2%，同比增长了9.8%（按恒定汇率计算），受益于较高的毛利率、会员收入增长和电子商务亏损的减少。
Global eCommerce sales rose 27%, driven by store-fulfilled pickup and delivery as well as marketplace growth. Global advertising business grew 28%, including 26% for Walmart Connect in the U.S.
全球电子商务销售额增长了27%，得益于商店提供的自提和送货以及市场增长。全球广告业务增长了28%，其中沃尔玛美国的沃尔玛连接增长了26%。
Walmart U.S same-store sales climbed by 5.3% year over year, excluding fuel, aided by strong broad-based growth in merchandise categories and physical and digital channels.
沃尔玛美国同店销售同比增长了5.3%，不计入燃油价格因素，得益于商品类别和实体及数字通道的强劲全面增长。
Read: Will Walmart's Streak Of Earnings Beats Continue Tuesday? Analysts Say Retailer A 'Core Holding'
阅读：沃尔玛的盈利连击是否会在周二继续？分析师表示该零售商是“核心持股”。
At Sam's Club, same-store sales rose 7.0% year over year, excluding fuel, led by food and health and wellness categories, along with increased transactions and unit volumes.
在Sam's Club，去除燃料后，同店销售额同比增长7.0%，主要由食品、健康和健康分类带动，加上交易量和销售额的增加。
Doug McMillon, President and CEO, said, "In the U.S., in-store volumes grew, pickup from store grew faster, and delivery from store grew even faster than that. Our teams are executing and delighting our customers and members with the value and convenience they expect from Walmart."
总裁兼首席执行官道格·麦克米伦表示：“在美国，实体店销量增长，从店内提货增长更快，而从店内送货的增长甚至更快。我们的团队正在执行，为沃尔玛的客户和会员提供他们期望的价值和便利。”
Walmart generated an operating cash flow of $22.9 billion and free cash flow of $6.2 billion in nine months ended October 31, 2024. It ended the quarter with cash and equivalents of $10.0 billion.
沃尔玛在截至2024年10月31日的九个月内实现了229亿美元的营运现金流和62亿美元的自由现金流。该季度结束时，现金及现金等价物为100亿美元。
Guidance: For FY25, the big box retailer raised its adjusted EPS outlook to $2.42 – $2.47 (from $2.35 – $2.43), vs. the consensus of $2.45.
指引：对于FY25，这家大型零售商将其调整后的每股收益展望上调至2.42美元-2.47美元（原2.35美元-2.43美元），预期为2.45美元。
Walmart boosted FY25 net sales (at constant currency) growth guidance to 4.8% – 5.1% from 3.75% – 4.75% earlier.
沃尔玛将FY25净销售额（按恒定货币）增长指引提高至4.8%-5.1%，而之前为3.75%-4.75%。
Investors can gain exposure to the stock via Vanguard Consumer Staples ETF (NYSE:VDC) and Fidelity MSCI COnsumer Staples Index ETF (NYSE:FSTA).
投资者可以通过Vanguard Consumer Staples ETF（纽交所：VDC）和Fidelity MSCI消费者食品指数ETF（纽交所：FSTA）获得该股票的曝光。
Price Action: WMT shares are up 3.59% at $87.10 premarket at the last check Tuesday.
价格走势：截至上周二最后一次检查时，沃尔玛的股票预盘上涨3.59％，报87.10美元。
Image by Sundry Photography on Shutterstock
图片由shutterstock上的Sundry Photography提供
- Walmart Gears Up For Black Friday, Cyber Monday Specials: Major Discounts On Apple MacBooks, Sony TVs
- 沃尔玛为黑色星期五和网络星期一特别活动做准备：苹果MacBook、索尼电视大幅折扣
