Walmart Files Q3 FY25 10-Q Report
Ticker: WMT · Form: 10-Q · Filed: Dec 6, 2024 · CIK: 104169
Sentiment: neutral
Topics: 10-Q, quarterly-report, retail
Related Tickers: WMT
TL;DR
Walmart's Q3 FY25 10-Q is in. Expect financial updates.
AI Summary
Walmart Inc. filed its 10-Q for the period ending October 31, 2024. The filing covers the third quarter of fiscal year 2025. Key financial details and operational updates are provided within this report.
Why It Matters
This filing provides investors with crucial financial performance data for Walmart, impacting stock valuation and future investment decisions.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing standard financial disclosures.
Key Numbers
- 0131 — Fiscal Year End (Indicates the end of Walmart's fiscal year)
- 001-06991 — SEC File Number (Walmart's SEC registration number)
Key Players & Entities
- Walmart Inc. (company) — Filer of the 10-Q report
- 2024-10-31 (date) — End of the reporting period
- 20241206 (date) — Filing date
- 702 SOUTHWEST 8TH ST (address) — Walmart's business and mail address
- BENTONVILLE (city) — Location of Walmart's headquarters
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended October 31, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on December 6, 2024.
What is Walmart Inc.'s fiscal year end?
Walmart Inc.'s fiscal year ends on January 31 (0131).
What is the company's primary business address?
The company's primary business address is 702 Southwest 8th St, Bentonville, AR 72716.
What is the SEC file number for Walmart Inc.?
The SEC file number for Walmart Inc. is 001-06991.
Filing Stats: 4,966 words · 20 min read · ~17 pages · Grade level 15.1 · Accepted 2024-12-06 16:15:42
Key Financial Figures
- $0.10 — ich registered Common Stock, par value $0.10 per share WMT New York Stock Exchange
Filing Documents
- wmt-20241031.htm (10-Q) — 1417KB
- wmtexhibit311fy25q3.htm (EX-31.1) — 8KB
- wmtexhibit312fy25q3.htm (EX-31.2) — 8KB
- wmtexhibit321fy25q3.htm (EX-32.1) — 4KB
- wmtexhibit322fy25q3.htm (EX-32.2) — 4KB
- wmtexhibit991fy25q3.htm (EX-99.1) — 6KB
- wmt-20241031_g1.jpg (GRAPHIC) — 34KB
- 0000104169-24-000178.txt ( ) — 6102KB
- wmt-20241031.xsd (EX-101.SCH) — 34KB
- wmt-20241031_cal.xml (EX-101.CAL) — 60KB
- wmt-20241031_def.xml (EX-101.DEF) — 159KB
- wmt-20241031_lab.xml (EX-101.LAB) — 484KB
- wmt-20241031_pre.xml (EX-101.PRE) — 329KB
- wmt-20241031_htm.xml (XML) — 822KB
Financial Information
Part I. Financial Information
Financial Statements
Item 1. Financial Statements Condensed Consolidated Statements of Income 4 Condensed Consolidated Statements of Comprehensive Income 5 Condensed Consolidated Balance Sheets 6 Condensed Consolidated Statements of Shareholders' Equity 7 Condensed Consolidated Statements of Cash Flows 9 Notes to Condensed Consolidated Financial Statements 10
Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 19
Quantitative and Qualitative Disclosures About Market Risk
Item 3. Quantitative and Qualitative Disclosures About Market Risk 29
Controls and Procedures
Item 4. Controls and Procedures 30
Other Information
Part II. Other Information
Legal Proceedings
Item 1. Legal Proceedings 31
Risk Factors
Item 1A. Risk Factors 32
Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 33
Other Information
Item 5. Other Information 33
Exhibits
Item 6. Exhibits 36
Signatures
Signatures 37 Table of Contents
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION
Financial Statements
Item 1. Financial Statements Walmart Inc. Condensed Consolidated Statements of Income (Unaudited) Three Months Ended October 31, Nine Months Ended October 31, (Amounts in millions, except per share data) 2024 2023 2024 2023 Revenues: Net sales $ 168,003 $ 159,439 $ 495,708 $ 470,723 Membership and other income 1,585 1,365 4,723 4,014 Total revenues 169,588 160,804 500,431 474,737 Costs and expenses: Cost of sales 127,340 121,183 375,581 358,317 Operating, selling, general and administrative expenses 35,540 33,419 103,361 96,662 Operating income 6,708 6,202 21,489 19,758 Interest: Debt 496 572 1,650 1,683 Finance lease 122 110 361 305 Interest income ( 140 ) ( 145 ) ( 368 ) ( 400 ) Interest, net 478 537 1,643 1,588 Other (gains) and losses 132 4,750 500 3,840 Income before income taxes 6,098 915 19,346 14,330 Provision for income taxes 1,384 272 4,614 3,738 Consolidated net income 4,714 643 14,732 10,592 Consolidated net income attributable to noncontrolling interest ( 137 ) ( 190 ) ( 550 ) ( 575 ) Consolidated net income attributable to Walmart $ 4,577 $ 453 $ 14,182 $ 10,017 Net income per common share: Basic net income per common share attributable to Walmart $ 0.57 $ 0.06 $ 1.76 $ 1.24 Diluted net income per common share attributable to Walmart 0.57 0.06 1.75 1.24 Weighted-average common shares outstanding: Basic 8,038 8,078 8,044 8,080 Diluted 8,082 8,110 8,082 8,110 Dividends declared per common share $ — $ — $ 0.83 $ 0.76 See accompanying notes. 4 Table of Contents Walmart Inc. Condensed Consolidated Statements of Comprehensive Income (Unaudited) Three Months Ended October 31, Nine Months Ended October 31, (Amounts in millions) 2024 2023 2024 2023 Consolidated net income $ 4,714 $ 643 $ 14,732 $ 10,592 Consolidated net income attributable to noncontrolling interest ( 137 ) ( 190 ) ( 550 ) ( 575 ) Consolidated net income attributable to Walmart 4,577 453 14,182 10,017 Other comprehensive income (loss), ne