Walmart's Walmart+ membership program posted double-digit revenue growth and record first-quarter net additions in the first quarter of fiscal 2027. The program contributed to a 5.7% rise in Walmart U.S. adjusted operating income, alongside improved e-commerce economics. Members spend four times more and make seven times more e-commerce visits annually than non-members, while Walmart U.S. e-commerce sales increased 26%. More than 36% of U.S. store-fulfilled deliveries were completed in under three hours, and Walmart can now reach about 60% of the U.S. population with deliveries in 30 minutes or less.
Walmart Inc.Walmart+ membership revenue and net additions hit record highs, driving e-commerce sales and operating income growth.
Target CorporationWalmart's record membership growth and e-commerce improvements intensify competitive pressure on Target.