More from WMT Q2 2027

Walmart Inc.

WMT2027 Q2Consumer

1mo

Omnichannel compounding: marketplace, advertising, and membership reinforcing each other

CEO said the value from marketplace, advertising, and membership comes from how they work together rather than simply adding contributions.
Management emphasized that as these businesses scale they become more meaningful in the company mix and change the shape of Walmart’s business.
CFO highlighted that digital capabilities outside the U.S. enable speed from an operational perspective and lower marginal cost growth.
Management linked platform growth to deeper relationships with customers and members and stronger company-wide economics.

Walmart Inc.

WMT2027 Q2Consumer

1mo

Financial Performance Summary

Adjusted EPS increased over 19% (with enterprise adjusted operating income up over 17% in constant currency).
Adjusted operating income grew 17.4% in constant currency, including the benefit from tariff refunds.
Enterprise net sales grew 5% in constant currency, at the top end of 4% to 5% guidance.
International constant currency sales increased nearly 8%, led by 9.7% growth in China.
Operating income growth included a net benefit of approximately 750 basis points related to tariff refunds received in Q2.
Sam’s Club U.S. comp sales were 4.4%, led by a 7% increase in transactions and solid unit volume growth.
Walmart U.S. delivered 3.5% net sales growth, with Walmart U.S. comp sales of 2.6% (ex fuel comp sales also 2.6%).

Walmart Inc.

WMT2027 Q2Consumer

1mo

And as these businesses scale, they become a more meaningful part of our mix and they're changing the shape of our business.

John Furner

CEO, Walmart Inc.

Context

CEO John Furner discussed how Walmart’s marketplace, advertising, and membership scale alongside the retail foundation. Furner described Walmart’s strategy as more than additive, arguing the value comes from businesses working together and strengthening one another. He said these platform businesses are becoming a more meaningful part of the company’s mix as they scale and change the business shape. He connected this to accelerating growth and improving overall company economics.

More from WMT Q2 2027

Walmart Inc.

WMT2027 Q2Consumer

1mo

Omnichannel compounding: marketplace, advertising, and membership reinforcing each other

CEO said the value from marketplace, advertising, and membership comes from how they work together rather than simply adding contributions.
Management emphasized that as these businesses scale they become more meaningful in the company mix and change the shape of Walmart’s business.
CFO highlighted that digital capabilities outside the U.S. enable speed from an operational perspective and lower marginal cost growth.
Management linked platform growth to deeper relationships with customers and members and stronger company-wide economics.

Walmart Inc.

WMT2027 Q2Consumer

1mo

Financial Performance Summary

Adjusted EPS increased over 19% (with enterprise adjusted operating income up over 17% in constant currency).
Adjusted operating income grew 17.4% in constant currency, including the benefit from tariff refunds.
Enterprise net sales grew 5% in constant currency, at the top end of 4% to 5% guidance.
International constant currency sales increased nearly 8%, led by 9.7% growth in China.
Operating income growth included a net benefit of approximately 750 basis points related to tariff refunds received in Q2.
Sam’s Club U.S. comp sales were 4.4%, led by a 7% increase in transactions and solid unit volume growth.
Walmart U.S. delivered 3.5% net sales growth, with Walmart U.S. comp sales of 2.6% (ex fuel comp sales also 2.6%).

Walmart Inc.

WMT2027 Q2Consumer

1mo

And as these businesses scale, they become a more meaningful part of our mix and they're changing the shape of our business.

John Furner

CEO, Walmart Inc.

Context

Walmart Inc.: Membership fee revenue reached an all-time high with 17% growth

More from WMT Q2 2027

Walmart Inc. 2027 Q2: Omnichannel compounding: marketplace, advertising, and membership reinforcing each other

Walmart Inc. 2027 Q2: Financial Performance summary

More from WMT Q2 2027

More from WMT Q2 2027

Walmart Inc. 2027 Q2: Omnichannel compounding: marketplace, advertising, and membership reinforcing each other

Walmart Inc. 2027 Q2: Financial Performance summary