breaking

Walmart Q1 Revenue Surges on Ultra-Fast Delivery, Marketplace Expansion

Walmart posted $8 billion in first-quarter revenue driven by accelerating e-commerce momentum and rapid fulfillment capabilities. Global e-commerce sales grew 26% during the quarter, accounting for 23% of total net sales, marking the ninth straight quarter of gains exceeding 20%. Store-fulfilled delivery in the U.S. more than doubled over two years, with 36% of orders completed within three hours during Q1. Sam's Club reported 6.1% net sales growth, with e-commerce representing 20% of sales excluding fuel recovery. The membership operator's newly launched one-hour express delivery service from local stores fulfilled nearly 65,000 orders in its first three weeks. Walmart can now reach 60% of the U.S. population through rapid delivery. E-commerce margins held steady at 12% as the retailer invests in fulfillment infrastructure. Flipkart operations in India feature over 800 micro-fulfillment centers enabling sub-13-minute average delivery times.