Amazon Tops Walmart in TTM Revenue as Trump Praises Beef Price Cuts
WMT•WMT•WMT•WMT•Amazon has overtaken Walmart in trailing twelve-month revenue, intensifying investor comparisons of growth trajectories and valuation multiples. Former President Trump hailed Walmart’s decision to cut beef prices as patriotic, highlighting its low-price strategy’s potential to boost store traffic and consumer loyalty.
Amazon has recorded higher trailing twelve-month revenue than Walmart for the first time, shifting investor focus toward its faster e-commerce growth, subscription services expansion and higher-margin business sectors. The revenue crossover has prompted analysts to reassess valuation multiples and forecasted earnings potential for both retail giants.
Walmart announced a reduction in its beef prices across U.S. stores, a move that former President Trump labeled as patriotic. This price adjustment underscores Walmart’s commitment to its everyday low-price model and could drive increased foot traffic and loyalty among cost-conscious consumers.
Marketwatch
