TL;DR: Walmart’s focus on omnichannel excellence has resulted in persistent retail share gains and an improving P&L.
5 minute read
Walmart’s fiscal 4Q25 earnings were characterized by broad-based strength across geographies and categories, share gains in grocery and general merchandise, fast eCommerce growth, and improving profitability from digital-related revenue streams.
We expect growth-hungry brands to continue to prioritize Walmart as it gains share across retail and has fully leaned into digital channel tailwinds.
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