Walmart warns that skyrocketing fuel costs could soon hit consumers at checkout as tax-refund safety nets dry up and inflation outpaces wages for the first time in years.
Retail scale still matters. But Walmart's first quarter of fiscal year 2027 made clear the company's next phase of growth runs through something harder to copy than store count: how customers move between stores, delivery, digital channels and membership ecosystems.
New jobless claims stay on the low side, Housing Starts up on multi-family and Walmart beats by a penny.
Walmart CFO John David Rainey joins CNBC's ‘Squawk on the Street' to discuss the retail giant's latest results, how soaring gas prices are impacting its financial outlook, and more.
Walmart Inc (NYSE:WMT, XETRA:WMT) shares fell nearly 7% after the grocery chain reported its first quarter earnings, as investors weighed solid revenue growth against softer-than-expected forward guidance. For the quarter, Walmart reported revenue of $177.75 billion, compared with analyst expectations of $174.95 billion, representing a 7.3% increase from a year earlier.
Walmart (NASDAQ:WMT) shares are taking a fall this morning, after weak earnings guidance overshadowed upbeat first-quarter revenue and earnings that came in line with expectations.
Walmart on Thursday revealed a disappointing full-year forecast, even after it saw relatively strong sales in the first quarter, as high gas prices eat into shoppers' wallets.
The headline numbers for Walmart (WMT) give insight into how the company performed in the quarter ended April 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Walmart has been one of the few mega-cap retail names trading near multi-year highs, and an affirmed outlook for the full year simply was not enough to push shares higher.
Walmart (WMT) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.61 per share a year ago.
Shares of Walmart (WMT) fell on Thursday after the retail giant reported quarterly results that met earnings expectations but issued a softer-than-expected profit outlook for the current quarter, disappointing investors despite continued sales growth and strong e-commerce momentum. The company said rising fuel prices are beginning to alter consumer spending patterns, pushing more budget-conscious shoppers toward Walmart stores while also increasing the retailer's transportation and logistics costs.
Walmart's stock falls as investors express disappointment in the earnings outlook.