Walmart's Q4 Growth Dips as Flipkart's Big Billion Days Shifts Timing

Walmart's Q4 FY25 growth faced a setback due to the timing shift of Flipkart's Big Billion Days (BBD) sale. CFO John David Rainey reported that the event's move from Q4 to Q3 negatively impacted year-over-year sales comparisons. International net sales grew just 0.7% to $32.2 billion, with e-commerce sales up 4% and advertising revenue increasing 10%. The timing change particularly affected India operations, while other markets like China, Mexico, and Canada saw strong growth. Despite the short-term impact, Walmart remains optimistic about Flipkart's long-term potential, projecting compound double-digit growth in coming years.

 

Sources: Moneycontrol, Inc42, YourStory