**Walmart Expands E-Commerce and Advertising Business**
Walmart (NASDAQ: WMT) reported significant growth in its e-commerce and advertising sectors, which are outpacing its traditional retail business. For the fiscal year ending January 31, e-commerce sales saw an increase alongside a 46% revenue growth in advertising. Overall, Walmart’s stock rose nearly 44% over the past year, reflecting strong market performance.
Although retail remains a central focus, Walmart is leveraging its advertising and membership services, like Walmart+, to establish higher-margin revenue streams. This tech-forward approach aims to enhance competitiveness in the evolving retail landscape. Despite its success, Walmart’s stock is currently considered expensive with a price-to-earnings ratio of 46.
