CosmicTaco

Flipkart's Big Billion Day Sale Boosts Walmart’s International Sales

CosmicTaco · 2024-11-20T09:13:14.976605+05:30

* Walmart's international sales grew 8% YoY to $30.3 Bn in Q3 FY25, largely driven by Flipkart's solid sales growth. * The company's gross profit rate increased to 24.2% from 24.1% in the previous year, partially offset by the timing shift of Flipkart's BBD sales event. * Walmart's operating income in Q3 was $6.7 Bn, an 8% increase from the year-ago quarter but a 14% decline from Q2. Source: [Inc42](https://inc42.com/buzz/buoyed-by-flipkarts-big-billion-day-sale-walmarts-international-sales-zoom/)

Walmart's international sales grew 8% YoY to $30.3 Bn in Q3 FY25, largely driven by Flipkart's solid sales growth.
The company's gross profit rate increased to 24.2% from 24.1% in the previous year, partially offset by the timing shift of Flipkart's BBD sales event.
Walmart's operating income in Q3 was $6.7 Bn, an 8% increase from the year-ago quarter but a 14% decline from Q2.

Source: Inc42