WMT Shares Soar 6.46% on Earnings Upside, AI-Driven Logistics and E-Commerce Growth Power Retail Rally

Walmart shares surged 6.46% in pre-market trading on November 21, 2025, signaling strong investor confidence following a robust quarterly performance. The retailer raised its annual net sales forecast to 4.8%-5.1% and adjusted earnings per share guidance to $2.58-$2.63, driven by a 5.8% revenue increase to $179.5 billion and 28% online sales growth led by groceries. Same-store sales rose 4.5%, exceeding expectations of 3.8%.

Expedited delivery services, targeting under-three-hour fulfillment, saw a 70% surge, reflecting shifting consumer priorities toward convenience. The company also announced a stock listing transfer from NYSE to Nasdaq starting December 9, aligning with its tech-centric strategy. Over 40% of new software code now incorporates AI, while automated logistics handle 60% of U.S. freight and half of online orders.

Chief Financial Officer John David Rainey highlighted resilient holiday sales, noting strong Halloween and Thanksgiving demand. However, spending moderation among lower-income households persists amid inflationary pressures. Wealthier consumers increasingly dominate discretionary categories like apparel and home goods, with higher-income households driving 70% of expedited delivery growth.

Longtime CEO Doug McMillon’s retirement next year marks a leadership transition underlining Walmart’s strategic pivot. The company’s ability to attract diverse income groups contrasts with weaker performances at peers, reinforcing its position as a value leader in a fragmented retail landscape.

Backtesting a long position in Walmart following quarterly earnings beats and strategic shifts suggests a potential for continued outperformance against the broader retail sector. Historical data indicates that the company’s focus on e-commerce and AI-driven logistics could sustain momentum in a fragmented consumer market.