Summary
Walmart Inc. reported a solid first quarter for fiscal year 2027, with total revenues reaching $177.75 billion, a 7.3% increase year-over-year. This growth was driven by strong comparable sales across its U.S. segments and international markets, fueled by increased transactions and a higher average ticket. Notably, eCommerce net sales saw a significant 26% surge, largely due to the expansion of store- and club-fulfilled delivery options, indicating continued success in its omnichannel strategy. Consolidated net income rose by approximately 18.3% to $5.49 billion, translating to diluted earnings per share of $0.67, up from $0.56 in the prior year's comparable period. The company's operating income also saw a healthy 5.0% increase. While gross profit margin improved slightly, operating expenses as a percentage of net sales increased, primarily due to higher depreciation, reorganization charges, and increased associate healthcare costs. Despite these pressures, the company's strategic focus on growth and margin improvement, coupled with disciplined capital allocation, positions it to navigate the ongoing economic uncertainties.
Financial Highlights
48 data points| Revenue | $175.68B |
| Cost of Revenue | $133.06B |
| Gross Profit | $42.63B |
| SG&A Expenses | $37.20B |
| Operating Income | $7.49B |
| Interest Expense | $574.00M |
| Net Income | $5.33B |
| EPS (Basic) | $0.67 |
| EPS (Diluted) | $0.67 |
| Shares Outstanding (Basic) | 7.97B |
| Shares Outstanding (Diluted) | 8.00B |
Key Highlights
- 1Total revenues increased by 7.3% to $177.75 billion, driven by broad-based comparable sales growth.
- 2Diluted EPS grew to $0.67, a significant increase from $0.56 in the prior year's comparable quarter.
- 3eCommerce net sales experienced robust growth of 26%, underscoring the success of omnichannel initiatives.
- 4Walmart U.S. and Walmart International segments demonstrated strong performance, with net sales up 4.5% and 18.0% respectively.
- 5Operating income increased by 5.0% to $7.49 billion, reflecting improved operational efficiency.
- 6Capital expenditures increased to $6.68 billion, reflecting continued investment in supply chain, technology, and store improvements to support long-term growth.
- 7The company maintained its commitment to shareholders with a dividend declared per common share of $0.99.