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Flipkart's Big Billion Day Sales Lift Walmart International's Third Quarter

Walmart's International business, which operates in 18 countries outside the US, has reported a double-digit growth of 10.8% to $33.5 billion in the third quarter of FY26.

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Flipkart. (Photo: Anirudh Saligrama/NDTV Profit)
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US-based retail giant Walmart has said the timing of the 'Big Billion Day' sales event of its Indian e-commerce 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 International due to the timing of Flipkart's Big Billion Days (BBD) event."

Walmart's International business, which operates in 18 countries outside the US, has reported a double-digit growth of 10.8% to $33.5 billion in the third quarter of FY26.

In constant currency (CC) terms, Walmart's International business net sales growth was 11.4%.

"Growth in net sales (cc) led by Flipkart, China, and Walmex; transaction counts & unit volumes up across markets." Walmex is Walmart's Mexican and Central American division.

Walmart International eCommerce sales in the October-December period rose 26%.

However, Walmart said though the "timing of Flipkart's Big Billion Days event benefited sales growth in Q3", it "will negatively affect Q4 growth".

During the quarter under review, Walmart's advertising business also grew 34% — once again "led by Flipkart, benefited by BBD timing", the earnings statement said.

The Flipkart Big Billion Days 2025 sale ran from Sept. 23, 2025, to Oct. 2, 2025. It featured early access for Flipkart Plus and Black members on Sept. 22, 2025.

Walmart acquired a 77% controlling stake in Flipkart in 2018, in a $16-billion deal.

In subsequent years, it further raised its stake to over 80% in the Bengaluru-headquartered e-commerce major.

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