Walmart (NASDAQ:WMT) Releases Quarterly Earnings Results, Beats Estimates By $0.07 EPS

Walmart (NASDAQ:WMT) announced its quarterly earnings results on Thursday. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.07, Zacks reports. The business had revenue of $187.94 billion during the quarter, compared to the consensus estimate of $186.62 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.Walmart’s revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.68 earnings per share. Walmart updated its Q3 2027 guidance to 0.620-0.640 EPS and its FY 2027 guidance to 2.800-2.870 EPS.

Walmart Stock Down 0.8%

WMT opened at $114.30 on Thursday. Walmart has a twelve month low of $95.42 and a twelve month high of $135.15. The company’s 50-day moving average price is $114.03 and its two-hundred day moving average price is $121.49. The stock has a market cap of $909.61 billion, a price-to-earnings ratio of 40.11, a PEG ratio of 4.31 and a beta of 0.61. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42.

Analysts Set New Price Targets

WMT has been the subject of several recent analyst reports. Guggenheim reiterated a “buy” rating and issued a $135.00 target price (down from $137.00) on shares of Walmart in a research note on Monday. Tigress Financial reissued a “buy” rating and set a $155.00 price target (up from $150.00) on shares of Walmart in a research report on Friday, May 29th. DA Davidson restated a “buy” rating and set a $150.00 price target on shares of Walmart in a report on Monday. Erste Group Bank lowered shares of Walmart from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Finally, Weiss Ratings cut shares of Walmart from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Walmart presently has a consensus rating of “Moderate Buy” and an average price target of $138.50.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart delivered quarterly EPS of $0.81, above the consensus estimate of $0.74, while revenue rose 5.9% year over year to approximately $187.9 billion. Walmart Press Release
• Positive Sentiment: Growth remains strong in higher-margin and digitally focused areas: global e-commerce sales increased 23%, advertising revenue climbed 38%, and membership fee revenue grew 17%. These businesses could help support profitability as traditional store sales moderate. Walmart Reports Revenue Growth
• Positive Sentiment: Walmart said it received nearly $2.9 billion in tariff refunds. The benefit boosted operating income and gives the retailer flexibility to lower prices, potentially supporting customer traffic and market share. Walmart Tariff Refunds and Prices
• Neutral Sentiment: Management highlighted pickup, delivery and marketplace momentum across U.S. and international operations, but reports indicate that e-commerce, membership and advertising—not Walmart’s stores—are now the primary growth engines. Walmart E-Commerce Sales
• Negative Sentiment: Fiscal third-quarter guidance is below Wall Street expectations: EPS of $0.62–$0.64 versus $0.68 expected, and revenue of $183.1–$184.5 billion versus $188.2 billion expected.
• Negative Sentiment: Full-year fiscal 2027 guidance also missed consensus, with EPS of $2.80–$2.87 versus $2.89 expected and revenue of $734.7–$741.7 billion versus $751.8 billion expected. The weaker outlook and Walmart’s slowest sales growth in years are outweighing the quarterly beat. Market Factors and Walmart Guidance

Insider Activity at Walmart

In other Walmart news, EVP David W. Guggina sold 11,978 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the transaction, the executive vice president directly owned 125,067 shares of the company’s stock, valued at approximately $14,985,527.94. This represents a 8.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $118.63, for a total value of $2,303,320.08. Following the completion of the sale, the director directly owned 4,174,579 shares of the company’s stock, valued at $495,230,306.77. This represents a 0.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 54,164 shares of company stock worth $6,389,402 over the last 90 days. Corporate insiders own 0.09% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after buying an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Walmart by 5.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after buying an additional 485 shares in the last quarter. Peterson Wealth Management raised its holdings in Walmart by 3.5% during the 1st quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock valued at $4,416,000 after acquiring an additional 1,715 shares during the period. Sivia Capital Partners LLC raised its holdings in Walmart by 0.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock valued at $1,272,000 after acquiring an additional 116 shares during the period. Finally, Schnieders Capital Management LLC. lifted its position in shares of Walmart by 1.2% during the second quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock worth $8,931,000 after acquiring an additional 1,048 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

About Walmart

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.