Walmart E-Commerce Jumps 24% as 30-Minute Delivery Doubles
WMT is trading near its 52-week low of $95.42 (8.8% above the low).
Summary
Walmart's U.S. e-commerce sales rose 24% in Q2, with store-fulfilled deliveries up 40% and fast delivery growing 48%. The company expanded 30-minute delivery to 38 markets, doubled sub-30-minute units year-over-year, and now delivers 70% of e-commerce orders same-day or better. Automation is scaling: 3,100 stores have automated freight and over half of e-commerce fulfillment runs through automated facilities. Walmart also recovered substantially all of $2.9 billion in tariff refunds, some used to lower prices. This follows yesterday's 9.4% stock plunge on weak comparable sales growth of 2.6% — the smallest since 2020 — but the e-commerce acceleration and raised full-year guidance show the digital strategy is gaining traction. The next catalyst is whether delivery growth can offset cautious consumer spending in the back half.
At the time of this announcement, WMT was trading at $103.79 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $824.4B. The 52-week trading range was $95.42 to $135.16. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.