What's Inside

Walmart hosted its Investment Community Meeting 2025 on April 9, 2025. We present highlights on the performance of the retailer’s US, International and Sam’s Club businesses, and how the company is responding to tariffs.

Walmart is fast-tracking its evolution from a low-margin retailer to a higher-margin digital profit engine, with:

• E-commerce, advertising, data and fintech expected to fuel two-thirds of future profit growth
• Sam’s Club doubling down on physical expansion and a bold digital push
• AI tools like “Sparky” and “Wally” reshaping how Walmart merchandises and serves customers

But there’s a twist: Tariffs just became a wildcard.

Dive into our insights to understand Walmart’s strategic positioning, long-term vision, and response to tariffs.

Other relevant research:

• Retailer Dashboard: Walmart
• All our coverage of tariffs
• Our latest retail inventory and earnings insights featuring Walmart
• Mass Merchandiser and Warehouse Club Shopping in Focus—Walmart Leads; High Purchase Rates for Daily Essentials: US Consumer Survey Insights
• US Mass Merchandisers, Warehouse Clubs and Discount Stores—Retail 2025 Sector Outlook: Essentials To Fuel Revenue Growth
• More report on mass merchandisers, discount stores and warehouse clubs
• The Corporate and Financial Developments Databank includes details of management changes, financial guidance updates and capital raised by major retail companies.