Walmart (WMT) Projected to Release Quarterly Earnings on Thursday

Key Points

• Walmart is expected to report Q2 fiscal 2027 results before the market opens on August 20, 2026. Analysts forecast $0.7420 in EPS and $186.73 billion in revenue, compared with company guidance of $0.720–$0.740 EPS.
• The retailer’s previous quarter met EPS expectations at $0.66 and exceeded revenue estimates with $177.75 billion, up 7.4% year over year. Analysts see potential for another “beat-and-raise” quarter, supported by resilient demand, e-commerce growth and market-share gains.
• Walmart shares recently traded near $116, while the stock carries a “Moderate Buy” consensus rating and an average price target of $138.56. However, valuation concerns persist, as investments in advertising, delivery and other growth initiatives could pressure margins.

Walmart (NASDAQ:WMT - Get Free Report) will likely be posting its Q2 2027 results before the market opens on Thursday, August 20th. Analysts expect the company to post earnings of $0.7420 per share and revenue of $186.7279 billion for the quarter. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Parties can check the company's upcoming Q2 2027 earning overview page for the latest details on the call scheduled for Thursday, August 20, 2026 at 8:00 AM ET.

Walmart (NASDAQ:WMT - Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting analysts' consensus estimates of $0.66. The company had revenue of $177.75 billion for the quarter, compared to analysts' expectations of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.Walmart's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the firm posted $0.61 EPS. On average, analysts expect Walmart to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Walmart Stock Up 2.4%

Shares of WMT opened at $116.01 on Thursday. The firm has a market cap of $923.22 billion, a P/E ratio of 40.71, a P/E/G ratio of 4.23 and a beta of 0.61. The stock has a 50 day simple moving average of $114.45 and a two-hundred day simple moving average of $121.58. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. Walmart has a 1 year low of $95.42 and a 1 year high of $135.15.

Insider Activity

In other Walmart news, EVP Latriece Watkins sold 11,000 shares of the company's stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the completion of the transaction, the executive vice president owned 120,203 shares of the company's stock, valued at $14,300,550.91. This represents a 8.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director C Douglas Mcmillon sold 19,416 shares of the business's stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $118.63, for a total value of $2,303,320.08. Following the transaction, the director directly owned 4,174,579 shares in the company, valued at $495,230,306.77. This trade represents a 0.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 71,439 shares of company stock valued at $8,544,532. Corporate insiders own 0.09% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Walmart by 55.8% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 25,241 shares of the retailer's stock valued at $2,813,000 after buying an additional 9,041 shares in the last quarter. Birchwood Financial Partners Inc. bought a new stake in Walmart during the fourth quarter worth about $50,000. Alpine Woods Capital Investors LLC purchased a new stake in Walmart in the fourth quarter worth about $269,000. Strive Financial Group LLC purchased a new stake in Walmart in the fourth quarter worth about $2,522,000. Finally, Ameriflex Group Inc. boosted its position in shares of Walmart by 38.3% in the 4th quarter. Ameriflex Group Inc. now owns 7,834 shares of the retailer's stock worth $873,000 after purchasing an additional 2,168 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Bank of America analyst Christopher Nardone said Walmart could return to its “beat-and-raise” pattern this quarter, potentially benefiting from resilient overall demand, e-commerce gains and market-share growth despite softer spending among lower-income consumers. Walmart Could Return to Its Beat-And-Raise Playbook This Quarter, Analyst Says
• Positive Sentiment: Royal Bank of Canada reaffirmed its “outperform” rating and assigned a $137 price target, implying substantial potential upside from recent levels. Benzinga analyst rating report
• Positive Sentiment: Walmart’s e-commerce progress and expansion of Walmart Connect could support longer-term growth. Its acquisition of streaming-ad platform Vibe.co gives advertisers easier access to connected-TV campaigns and could increase the value of Walmart’s consumer data and advertising business. Walmart Bets On Streaming Ads
• Neutral Sentiment: Walmart and the Walmart Foundation committed $500,000 in grants and in-kind aid for Spokane wildfire relief. The contribution strengthens the company’s community profile but is unlikely to materially affect earnings. Walmart and the Walmart Foundation Commit $500,000 to Spokane Wildfire Relief
• Neutral Sentiment: Former CEO Doug McMillon joined a Federal Reserve task force examining real-time retail data and artificial intelligence. The role may raise Walmart’s policy influence, though the near-term financial impact is unclear. What Does Walmart Joining Fed Data Talks Mean For Its Pricing Power?
• Negative Sentiment: Valuation remains a concern after Walmart’s strong multiyear return. A discounted-cash-flow analysis and other valuation measures suggest the stock may be priced at a premium, while investments in advertising, delivery and other growth initiatives could pressure margins. Is Walmart Fully Valued If Growth Plans Meet Margin Pressure?
• Negative Sentiment: Erste Group Bank trimmed its fiscal 2027 EPS estimate slightly to $2.89 from $2.90 and maintained a “hold” rating, signaling limited near-term earnings upside. Walmart analyst estimate report

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Piper Sandler reissued an "overweight" rating on shares of Walmart in a research note on Monday, June 8th. BMO Capital Markets reaffirmed an "outperform" rating on shares of Walmart in a research note on Friday, May 22nd. UBS Group reaffirmed a "buy" rating on shares of Walmart in a report on Tuesday, August 4th. Sanford C. Bernstein set a $142.00 target price on shares of Walmart and gave the stock an "outperform" rating in a research report on Friday, July 31st. Finally, Tigress Financial reissued a "buy" rating and issued a $155.00 price target (up from $150.00) on shares of Walmart in a research note on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $138.56.

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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