Flipkart’s Big Billion Day sales lift Walmart International’s third quarter

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US-based retail giant Walmart has said the timing of the “Big Billion Day” sales event of its Indian ecommerce arm Flipkart has “benefited sales growth” of its international business in the third quarter of FY26.

Walmart International revenues were “positively affected by timing of Flipkart’s BBD event”, the US-based retail giant said in an earnings statement on Thursday.

Moreover, Walmart Inc., which reported a global revenue of $179.5 billion in Q3, said its “gross margin rate was up 2 bps, led by Walmart US”, however, it was “partially offset by…



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Flipkart’s Big Billion Day sales lift Walmart International’s third quarter



US-based retail giant Walmart has said the timing of the “Big Billion Day” sales event of its Indian ecommerce arm Flipkart has “benefited sales growth” of its international business in the third quarter of FY26.

Walmart International revenues were “positively affected by timing of Flipkart’s BBD event”, the US-based retail giant said in an earnings statement on Thursday.

Moreover, Walmart Inc., which reported a global revenue of $179.5 billion in Q3, said its “gross margin rate was up 2 bps, led by Walmart US”, however, it was “partially offset by…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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