Meet&CoBENTONVILLE, Ark. – Walmart U.S. saw solid performance across all segments in the second quarter, with same-store sales in general merchandise growing at a modest pace in the low single digits.
The general merchandise segment also experienced a slight year-over-year price deflation, averaging in the low single-digit range.
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The company attributed its market share growth in general merchandise to a broader product selection, strong value offerings, and convenient delivery options, all further supported by successful seasonal events.
Net sales for Walmart U.S. climbed 4.8%, reaching $120.9 billion, with a notable 26% increase in e-commerce sales. This growth was driven by a 50% jump in store-fulfilled deliveries and a 31% rise in revenue from Walmart Connect’s advertising platform.
Comparable sales increased 4.6%, fueled by a 1.5% rise in transactions (excluding fuel) and a 3.1% increase in the average ticket size (excluding fuel). Overall inflation in like-for-like sales ticked up by 1.1%.
While the company saw particularly strong share gains among higher-income shoppers, improvements were noted across all income groups.
At Sam’s Club U.S., net sales grew 3.4% to $23.6 billion, with sales excluding fuel rising 6.0%. E-commerce sales also rose 26%, and comparable sales (excluding fuel) saw an uptick of 5.9%. Transactions (excluding fuel) were up 3.9%, while the average ticket (excluding fuel) grew 2.0%.
Walmart’s total revenue increased 4.8% to $177.4 billion, with global e-commerce sales rising 25%. However, operating income fell 8.2% to $0.7 billion, partly due to legal and restructuring costs.
Despite expected tariff-related price hikes, Walmart raised its full-year forecast, now expecting net sales to grow between 3.75% and 4.75%, up from an earlier range of 3% to 4%. The company also updated its adjusted earnings per share forecast to between $2.52 and $2.62, slightly higher than the previous range of $2.50 to $2.60.
