Retail giant Walmart, Inc. (WMT) announced its financial results for the first quarter on Thursday, surpassing analysts' estimates with its adjusted earnings and net sales growth projections for the second quarter. The company also reiterated its full-year 2025 outlook.
For the second quarter, Walmart anticipates adjusted earnings between $0.62 and $0.65 per share, alongside consolidated constant currency net sales growth ranging from 3.5% to 4.5%.
Analysts surveyed by Thomson Reuters had forecasted earnings of $0.52 per share and revenues of $159.50 billion for the quarter, with their estimates generally excluding special items.
Looking toward fiscal year 2025, Walmart continues to forecast adjusted earnings between $2.23 and $2.37 per share, with consolidated constant currency net sales growth projected at approximately 3.0% to 4.0%. This guidance now leans towards the higher end or slightly above the previously stated range.
Wall Street analysts are predicting earnings of around $2.36 per share on revenue growth of 3.9%, amounting to $673.51 billion for the year.
