Walmart set to report Q3 earnings with expectations of growth in sales and earnings

Walmart Inc. will report its third-quarter earnings for fiscal 2025 on November 19. Analyst Robert F. Ohmes expects adjusted earnings per share of $0.52 and a 3.5% increase in U.S. comparable sales, indicating potential growth. Recent data shows an acceleration in Walmart's sales, contrasting with earlier forecasts of a slowdown. The expected growth is attributed to strong performance in grocery and health/wellness sectors, with Walmart gaining market share across various income levels. Ohmes also notes that Walmart's digital services and store improvements are driving transaction growth. He anticipates an expansion in gross margins due to higher-margin services, despite challenges in general merchandise sales.