US retail giant Walmart reported on Tuesday a profit for the fourth quarter that declined 12.4% from last year, despite strong revenue growth and a solid performance at its international operations.
Both adjusted earnings per share and quarterly revenues topped analysts' expectations.
The company also provided rosy earnings guidance for the full-year 2025.
"We crossed $100 billion in e-commerce sales and drove share gains as our customer experience metrics improved, even during our highest volume days leading up to the holidays," said Walmart President and CEO Doug McMillon.
For the fourth quarter, consolidated net income attributable to Walmart for the quarter was $5.49 billion or $2.03 per share, lower than $6.28 billion or $2.32 per share in the prior-year quarter.
Excluding items, adjusted earnings for the quarter were $1.80 per share, compared to $1.71 per share in the year-ago quarter.
Total revenue for the quarter, comprising net sales and membership and other income, grew 5.7% to $173.93 billion from $164.05 billion in the same quarter last year. Revenues increased 4.9% to $172.12 billion in constant currency.
Net sales grew 5.6 % to $171.91 billion, and membership and other income increased 13% to $1.47 billion from last year. Consolidated US comp sales, without fuel, increased 3.9%.
Net sales at Walmart International grew 17.6% to $32.42 billion, with strength in Walmex, Flipkart and China. Net sales also increased 13% to $31.16 billion in constant currency.