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.
The retailer serves as a barometer for consumer spending due to its scale and commanding market share of the U.S. retail ...
Walmart stock fell more than 6.5% after the company delivered its fourth-quarter earnings report earlier Thursday. The stock ...
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 on Thursday forecast sales for the fiscal year ending January 2026 below Wall Street's current estimates, signaling ...
Walmart stock is sinking Thursday as the retail giant's dreary outlook offsets a fourth-quarter earnings beat and dividend ...
Walmart forecasted sales growth between 3% to 4% and operating income growth in the ballpark of 3.5% to 5.5% for its next ...
BENTONVILLE, ARK. — Walmart issued cautious guidance for its current fiscal year despite strong fiscal 2025 results and ...
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