Walmart earns $3.4 billion in digital advertising revenue, while Costco sees growth in e-commerce sales.

From Nasdaq: 2024-06-09 03:12:00

Walmart is not just a retail giant but also a major player in e-commerce, with over $100 billion in digital sales. This has opened up new opportunities for the company in digital advertising, with a $3.4 billion revenue in this sector and a 24% growth in the first quarter of 2025.

Costco, known for its sprawling stores, is also seeing significant growth in e-commerce sales, up by almost 21% in Q3. The company is now looking into retail media, a potentially lucrative business that could eventually reach $1 billion annually.

Investors considering Costco should note that while the stock is currently richly valued, the potential growth in retail media could significantly boost profits and support the stock price. The Motley Fool recommends looking into other stocks with potentially greater returns in the future.

Former Whole Foods CEO and current Amazon subsidiary member John Mackey is on The Motley Fool’s board of directors. The author has no positions in mentioned stocks, but The Motley Fool has positions in and recommends Amazon, Costco, and Walmart.



Read more at Nasdaq: For Walmart, This Is a $3 Billion Business. Could Costco Pursue the Same Strategy?