India, Aug. 22 -- Expansion of quick commerce capabilities in India weighed on Walmart International's gross profit rate in the quarter ended July 2025 (Q2), said Walmart CFO John David Rainey.

"In International, gross profit rate declined with continued pressure from channel and format mix, as well as strategic investments in price across markets and our quick commerce capabilities in India," Rainey said during the Q2 earnings call.

Not just this, growth investments in India, as well as Canada and Mexico, also took a hit on Walmart International's operating income during the quarter under review.

For context, Walmart International's overall gross profit rose a mere 1.7% to $6.7 Bn in Q2 from $6.6 Bn in the year ago period. Meanwhile, ...