Walmart Inc. reported a fiscal second-quarter earnings beat and raised its full-year outlook, with revenues rising 5.9% year over year to $187.9 billion and adjusted earnings up 19.1% to 81 cents per share. Constant-currency revenues advanced 5.1%, adjusted operating income rose 17.4% at constant currency to $9.25 billion, and the gross profit rate improved 96 basis points to 25.4%. Global e-commerce sales rose 23%, global advertising increased 38% and membership fee revenues advanced 17%. Walmart raised its fiscal 2027 constant-currency net sales growth forecast to 4%-5% from 3.5%-4.5%, lifted adjusted operating income growth guidance to 7%-8.5% from 6%-8%, and raised adjusted EPS guidance to $2.80-$2.87 from $2.75-$2.85. For the third quarter, the company expects constant-currency net sales growth of 3%-3.75%, adjusted operating income growth of only 2%-4%, and adjusted EPS of 62-64 cents, while management flagged more than $2 billion of incremental fuel-related costs in fiscal 2027 and about 20 basis points of operating income drag from Vibe acquisition and integration costs.
Walmart Inc.Walmart beat Q2 estimates, raised fiscal 2027 sales, operating income and EPS guidance, with revenue up 5.9% and adjusted EPS up 19.1%.
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