Sam's Club has refuted claims that its China operations achieved sales of 100.5 billion yuan in 2024, with online sales contributing over 48%. The company stated it has not released such data and does not comment on market rumors. This response follows reports from retail media citing market insiders.
According to Walmart's third-quarter fiscal 2025 report, ending October 31, sales in the Chinese market reached $4.9 billion, marking a 17% year-over-year growth. Combined with sales from the previous two quarters of $5.7 billion and $4.6 billion, Walmart China's net sales for the first three quarters of fiscal 2025 totaled $15.2 billion, approximately 110 billion yuan.
