Walmart Inc. (WMT)
NASDAQ:WMT
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Earnings Data
Report Date
Aug 20, 2026Before Open (Confirmed)
Period Ending
2027 (Q2)Consensus EPS Forecast
0.74Last Year’s EPS
0.68Same Quarter Last Year
Strong Buy
Based on 26 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted multiple strong operational and strategic wins: robust eCommerce and fast-delivery growth, marketplace and advertising momentum, AI-driven engagement gains, automation progress, improved merchandise mix, and reiterated guidance. Offsetting these positives were meaningful near-term headwinds from elevated fuel costs (absorbing ~$175M / ~250 bps of operating income), regulatory pricing impacts in pharmacy (~100 bps), and some category noise (eggs/private brands). On balance, the company showed execution, scale, and durable strategic momentum while acknowledging manageable short-term cost pressures.Company Guidance
Strong Top-Line Growth
Consolidated constant-currency sales grew ~5.7% in Q1 (described as nearly 6%), exceeding the top end of guidance by ~120 basis points and adding nearly $10 billion in revenue year-over-year.
Robust eCommerce and Fast Delivery Momentum
Enterprise eCommerce sales grew 26% year-over-year; Walmart U.S. delivery grew 45%. More than 3.5 billion units were delivered same- or next-day globally, and over 36% of U.S. store-fulfilled deliveries were delivered in under 3 hours.
Marketplace and Fulfillment Acceleration
U.S. Marketplace net sales grew nearly 50%; same- or next-day units shipped through Walmart Fulfillment Services grew ~150% in Q1. Marketplace expansion (including cross-border into Canada and Mexico) is driving assortment and seller engagement.
Advertising and Membership Growth
Advertising grew strongly (36% for Walmart U.S.; ~37% global growth cited) and enterprise membership fee revenue rose ~17%. Advertising, membership and related commerce solutions collectively represented roughly one-third of operating income.
Operational Scale and Speed Improvements
Flipkart operates >800 micro-fulfillment centers with ~13-minute average deliveries; China delivered >0.5 billion units with ~75% arriving in under 1 hour; fast delivery reach in the U.S. now covers ~60% of the population within 30 minutes.
Technology & AI Adoption
Sparky weekly active users rose over 100% in the quarter; Sparky intelligence/response quality improved ~40% year-to-date; Sparky users have ~35% higher average order value and units purchased through Sparky grew >4x since the prior quarter.
Improving eCommerce Economics and Automation
U.S. eCommerce incremental margins were ~12% in the quarter. About half of Walmart U.S. eCommerce fulfillment center volume is automated; >60% of stores receive freight from automated distribution centers; over half of regional DCs are being retrofitted.
Merchandise Mix and Category Wins
Q1 marked the first time in 18 quarters that merchandise mix contributed favorably to Walmart U.S. gross margin (+29 basis points). General merchandise comps were positive with mid-single-digit growth and the highest GM share gains in 5 years; fashion and beauty were notable standouts.
Financial Results and Guidance Reiteration
Adjusted operating income grew ~5% in constant currency for Q1 (in line with guidance) despite fuel headwinds. The company reiterated full-year guidance: constant-currency sales growth 3.5%–4.5%, operating income growth 6%–8%, and Q2 operating income growth guide of 7%–10%. Q2 EPS guide $0.72–$0.74; full-year EPS $2.75–$2.85.
International Profitability Progress
International segment saw operating income growth >10%, led by Asia businesses and eCommerce penetration/efficiencies in those markets.
WMT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WMT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 21, 2026 | $130.85 | $121.34 | -7.27% |
Feb 19, 2026 | $126.12 | $124.38 | -1.38% |
Nov 20, 2025 | $100.01 | $106.47 | +6.46% |
Aug 21, 2025 | $101.96 | $97.38 | -4.49% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Walmart Inc. (WMT) report earnings?
Walmart Inc. (WMT) is schdueled to report earning on Aug 20, 2026, Before Open (Confirmed).
What is Walmart Inc. (WMT) earnings time?
Walmart Inc. (WMT) earnings time is at Aug 20, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WMT EPS forecast?
WMT EPS forecast for the fiscal quarter 2027 (Q2) is 0.74.
