Walmart (WMT) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.60 per share a year ago.
Walmart reported earnings before Thursday's open and over the next few weeks several other big retailers will be reporting earnings too. The big question investors are asking: Is the Consumer Still Strong?
Walmart warns of potential price hikes due to tariffs, despite strong Q1 results and eCommerce growth. The retailer remains optimistic about future sales.
Walmart (WMT) shares rose in premarket trading Thursday after the retail giant's fiscal 2026 first-quarter profit came in better than analysts had expected and it backed its full-year projections.
Walmart reported first-quarter revenues of $168 billion, up 4% from last year. US sales were boosted by shoppers rushing to get ahead of tariff-related price hikes.
The retail giant said its sales grew stronger during a quarter when President Trump enacted steep tariffs against the country's biggest trading partners.
As consumers begin to use AI agents to do their shopping, retailers are trying to figure out how to market to bots in addition to humans.
Walmart will report fiscal first-quarter earnings before the bell on Thursday. Investors and economists are trying to gauge the strength of the U.S. consumer and the impact of higher tariffs on the retail industry.
Walmart's e-commerce momentum and strategic choices position it to exceed conservative revenue guidance, with a projected 28% upside if earnings beat expectations. The market may have overestimated tariff impact; actual tariffs implemented in Q1 are unlikely to significantly affect Walmart's financials. Walmart's investments in supply chain automation and Vizio's ad business enhance productivity and profitability, supporting a 6% YoY revenue increase.
Arun Sundaram believes Walmart (WMT) will post strong numbers in its earnings Thursday morning, backed by strength from March retail sales. He notes caution heading into earnings, as last quarter's report was the first domino toppling into a steep tariff-induced sell-off across Wall Street.
The Consumer Financial Protection Bureau (CFPB) reportedly dropped a lawsuit against Walmart and Branch that it filed in December. The agency filed a notice of dismissal Tuesday (May 13), Bloomberg reported Tuesday.
Earnings season continues its rapid pace this week, with this week's docket primarily dominated by retailers. We've already heard from most S&P 500 companies, with results overall positive amid lingering uncertainty concerning upcoming periods.