WMT
FY2027 Q1 · Calendar Q2 2026
Walmart Inc.
Walmart delivered a solid Q1 FY27 with constant-currency sales growth of roughly 6% that beat the top end of guidance, powered by 26% eCommerce growth, ~50% U.S. marketplace growth, and a 37% increase in advertising revenue. High-margin businesses -- advertising, membership, and fulfillment services -- now account for about a third of operating income, and AI-driven initiatives like the Sparky shopping agent are measurably lifting basket sizes. Despite these positives, the market reacted sharply, sending shares down 7.3% on heavy volume with a further 3.4% drift, suggesting investors are focused on margin sustainability amid fuel cost headwinds, tariff refund uncertainty, and the ability to expand incremental margins. Management reaffirmed full-year guidance and signaled increasing capital investment, maintaining a confident tone. The sharp divergence between the operational beat and…
EPS surprise+0.2%
Market move-7.3%
