🔹 Revenue: $177.4B (Est. $174.4B) 🟢; +4.8% YoY (+5.6% cc)
🔹 Adj. EPS: $0.68 (Est. $0.74) 🔴; -8% YoY
Guidance
🔹 FY26 EPS: $2.52–$2.62 (Est. $2.64) 🔴
🔹 FY26 Net Sales: +3.75% to +4.75% cc (Prev. +3% to +4%) 🟢
🔹 Q3 EPS: $0.58–$0.60 (Est. $0.57) 🟢
Other Metrics
🔹 eCommerce Sales: +25% globally
🔹 Advertising Revenue: +46% globally; Walmart Connect U.S. +31%
🔹 Membership & Other Income: +5.4%; Membership Income +15.3% globally
🔹 Gross Margin: +4 bps, led by Walmart U.S.
🔹 Operating Income: DOWN -8.2% YoY; Adj. Operating Income +0.4% (cc)
🔹 EPS (GAAP): $0.88; includes $0.26 net gain from investments offset by legal/restructuring costs
🔹 ROA: 8.3%
🔹 ROI: 15.1%
Management Notes
🔸 Strong sales execution and growth in marketplace, membership, and advertising helped offset higher legal and restructuring costs.
🔸 Store-fulfilled pickup & delivery continues to drive eCommerce momentum.