Walmart Inc. (WMT) Earnings Call Transcripts
Walmart Inc.'s Latest Earnings Call - June 10, 2026
In the Q1 FY2027 earnings call held on June 10, 2026, Walmart Inc. (WMT:US) reported a revenue of $150 billion, exceeding analyst expectations of $145 billion, marking a 10% year-over-year increase. Earnings per share (EPS) came in at $1.25, beating estimates by $0.10. Management maintained its guidance for the fiscal year, projecting revenue growth of 4% and operating income growth of 8%, signaling confidence in its strategic initiatives, particularly in e-commerce and advertising.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $150B (beat) |
| EPS | $1.25 (beat) |
| Advertising Revenue | $6B (positive) |
| Projected Revenue Growth | 4% (inline) |
| Projected Operating Income Growth | 8% (inline) |
| Membership Growth | null (positive) |
Guidance from management
Management maintained its revenue growth guidance at 4% and operating income growth at 8% for the fiscal year, indicating confidence in ongoing strategic initiatives.
What management said
Well, I would tell you that my orientation is around how we serve customers. I'm not following a competitor in terms of how we might orient our business that way. I mean -- that's my answer to that. I don't -- I mean what's the right answer is like how do we serve the customer the best way. What number is that? I don't know. I'm just focused on making sure that we make the customer member experience better. That's wh...
What analysts pressed on
Analysts expressed concerns regarding the competitive landscape, particularly how Walmart's investments in technology and advertising will hold up against larger competitors like Amazon, especially given their significant capital expenditures.
Main topics on the call
- E-commerce Growth and Marketplace Expansion — Walmart's e-commerce business continues to thrive, with management highlighting that 'the marketplace assortment allows us to bring brands and products to them that maybe they hadn't shopped with us before.' This strateg...
- Advertising Business Development — The advertising segment is growing, with revenue reaching approximately $6 billion. Dallaire noted that 'advertisements are good for our customers' and contribute positively to the overall business model, enhancing custo...
- Membership Program Integration — Walmart Plus is being positioned as a critical component of the growth strategy, with management stating that 'we need a strong e-com business in order to have a really compelling membership offer.' This integration is e...
- Global Platform Strategy — Walmart is focusing on leveraging its global platforms to enhance operational efficiency and customer experience. Dallaire mentioned, 'we're looking at things and saying, okay, how do we provide the same attribution wind...
Read the full Walmart Inc. transcript (June 10, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Walmart Inc.
Walmart Inc. (WMT) is a publicly listed company in the Consumer Staples Distribution and Retail industry, within the Consumer Staples sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 100 calls on record spanning February 18, 2020 to June 10, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 100 Walmart Inc. earnings call transcripts on record, spanning February 18, 2020 to June 10, 2026. Based on this history, Walmart Inc. reports quarterly. The most recent call on file is dated June 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- WMT
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Consumer Staples
- Calls on record
- 100
- First call
- February 18, 2020
- Most recent
- June 10, 2026
- Reporting cadence
- quarterly