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@ Layer3.news
2025-05-17 13:34:43
nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqvap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aesst3mr8r
WALMART’S REVENUE CLIMBS IN Q1 FY26 BUT NET INCOME DIPS
https://s.yimg.com/ny/api/res/1.2/VlO6Dt6WtJlCPjECVb9HxA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/retail_insight_network_724/fbe30dbf7e2fff83bb2b494d10c1e2c6
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✍️ Walmart reports a 2.5% increase in total revenue to $165.61 billion in Q1 FY26, driven by growth in e-commerce sales and membership income, but sees a decline in net income.
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👉 Total revenue increases 2.5% to $165.61 billion
👉 E-commerce sales rise 22%
👉 Membership income climbs 14.8%
👉 Net income falls 12.1% to $4.49 billion
👉 Gross margin rate improves 12 basis points to 24.2%
👉 Operating income grows 4.3% to $7.14 billion
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#DougMcMillon #JohnDavidRainey #business
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