Walmart Inc.'s second-quarter revenue grew 4.8% and was driven by strong overall sales and a 25% growth in online sales globally the company said Thursday.
Doug McMillon, Walmart's president and chief executive officer, said the company's innovation has helped drive its momentum.
"Connecting with our customers and members through digital experiences is helping to drive our business, and the way we're deploying AI will make these experiences even better," McMillon said. We're people-led and tech-powered, and I love how our associates continue to drive change and results for our company."
The retailer reported second-quarter revenue of $177.4 billion, compared to $169.3 billion in the second quarter of 2024.
Walmart reported a profit of $7.03 billion, or 88 cents per share for the quarte