While the company has continued to solidify its value, Walmart (WMT) is looking at two key reasons why it will continue its record growth rate in 2025. Indeed, this year the retail juggernaut had set numerous all-time high stock prices, with its current $93 price representing a landmark record.

Although it has been one of the largest and most successful brick-and-mortar companies in the world, its expansion in key areas has been vital to its ongoing dominance. Now, it has embraced two key diversification avenues that could pay off massively in the coming year.

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Walmart to Keep Setting Records for These Two Reasons

During its most recent Q3 2025 FY earnings report, Walmart reported a 5.5% revenue increase year over year. When considering the company’s almost $700 billion annualized revenue, the scope of that percentage comes better into view. However, that wasn’t all; Walmart also saw operating income boost by 8.2% as its stock price skyrocketed.

That best may still be yet to come, however, as there is still potential for the shares to grow. Indeed, Walmart (WMT) is looking at two key reasons why its record growth should continue into 2025. Indeed, the company is continuing to expand and looking to go head-to-head with some of the world’s biggest companies.

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The first reason Walmart should continue to grow is the evolution of its e-commerce platform. Specifically, they have continued to embrace their use of third-party merchants in an effort to compete with heavy hitters like Amazon (AMZN). Because of the higher margin, this provides a clear benefit against an overreliance on retail location performance.

That is feeding into the membership figures for Walmart+. Although those are more difficult to come by, the company did note that it is growing in the double digits. Moreover, that feeds into the second key reason why growth should continue: advertising.

The company has firmly embraced digital advertising. Indeed, its overarching digital push has enticed advertisers who want exposure to the vast and expanding consumer base. Walmart management noted that its share of global advertising increased 28% in Q3. Like e-commerce, these benefit from being high-margin businesses. If their growth continues, WMT stock could enjoy a lot more all-time high reports in the coming year.