Walmart Tops $100B in Ecommerce, Posts Strong Q4 and FY24 Results Despite Lower Quarterly EPS
• Walmart exceeded $100 billion in ecommerce sales and gained market share in Q4 and FY24 • Total revenue was $173.4 billion in Q4, up 5.7%, and $648.1 billion in FY24, up 6.0% • Q4 EPS declined 12.5% but FY24 EPS grew 34.4% to $5.30 • Walmart is investing in store remodels, omnichannel experience, and increasing annual bonus potential for store managers • Strong financial performance reflects Walmart's ability to reshape business model and drive future growth