- Walmart (WMT, Financial) reports a 5.1% increase in revenues to $681 billion and an 8.6% rise in operating income for fiscal year 2025.
- The company announced a 13% annual dividend increase, marking its 52nd consecutive year of dividend growth.
- Walmart's 2025 Annual Shareholders' Meeting will be held virtually on June 5, 2025.
Walmart Inc. (WMT) has released its 2025 Annual Report, revealing a strong financial performance with revenues climbing by 5.1% to $681 billion and operating income increasing by 8.6%. In his annual letter, CEO Doug McMillon praised Walmart's associates for their significant contributions, highlighting the company as a "people-led, tech-powered" enterprise.
The report also detailed that more than half of Walmart U.S. store managers received bonuses exceeding $100,000, and over 1.1 million employees are enrolled in the company's 401(k) plan. Additionally, 81% of participants in the Associate Stock Purchase Plan are hourly associates.
Walmart's eCommerce segment saw impressive growth of 20.8% globally. The company further announced a 13% increase in its annual dividend, raising it to $0.94 per share, continuing a streak of 52 consecutive years of dividend hikes.
Looking forward, the company plans to adapt quickly to the evolving retail landscape while staying true to its mission of helping customers save money and live better. Greg Penner, Chairman of the Board, emphasized the business's robust growth trajectory and dedicated workforce of 2.1 million associates.
Significant changes are anticipated in the boardroom, with Tom Horton stepping down as Lead Independent Director and Randall Stephenson slated to take his place effective June 5, 2025. This transition is expected to maintain strong governance as the board focuses on strategic oversight, risk management, and corporate governance.
Walmart's 2025 Annual Shareholders’ Meeting will be accessible exclusively through a virtual format, allowing shareholders of record as of April 11, 2025, to engage in the proceedings. Shareholders can vote their shares ahead of the meeting through various methods, including online and via mobile.
