Walmart’s Performance Amid Economic Uncertainty
Walmart (NASDAQ: WMT) reported a 4.5% increase in same-store sales for its U.S. division during the fiscal third quarter ending October 31, 2025. The increase was attributed to higher customer traffic, contributing 1.8 percentage points to the growth. The company has successfully attracted higher-income consumers, mirroring trends observed during the Great Recession when affluent shoppers sought out bargains.
In contrast to many retailers struggling in the current economic environment, Walmart’s commitment to low prices and convenience has bolstered its resilience. Shareholders have benefited, with Walmart’s stock gaining 31.2% over the past year, compared to a 19% increase in the S&P 500. Presently, Walmart’s stock carries a price-to-earnings (P/E) ratio of 42, higher than last year’s 37 and above the S&P 500 average of 31.
