US' Walmart's Q2 revenue rises 4.8% to $177.4 bn, lifts FY26 outlook

The operating income fell 8.2 per cent to $7.3 billion, pressured by legal and restructuring costs and higher liability claims, though adjusted operating income edged up 0.4 per cent in constant currency. Net income attributable to Walmart jumped 56 per cent to $7 billion, with GAAP earnings per share (EPS) of $0.88 and adjusted EPS at $0.68.

Walmart US sales grew 4.8 per cent to $120.9 billion, with comparable sales rising 4.6 per cent. E-commerce accelerated 26 per cent, led by store-fulfilled delivery, which grew nearly 50 per cent. Walmart International net sales rose 5.5 per cent, or 10.5 per cent in constant currency, driven by China, Walmex, and Flipkart, though operating income slipped due to strategic investments. Sam’s Club US sales rose 3.4 per cent, while operating income declined on supply chain charges, Walmart Inc said in a press release.

For the third quarter (Q3) of FY26, Walmart projects net sales growth of 3.75 to 4.75 per cent and adjusted EPS of $0.58 to $0.6. For full fiscal 2026, it raised net sales growth guidance to 3.75 to 4.75 per cent and adjusted EPS to $2.52–$2.62, while keeping operating income guidance unchanged.

“The top-line momentum we have in our business comes from how we’re innovating and executing. Connecting with our customers and members through digital experiences is helping to drive our business, and the way we’re deploying AI will make these experiences even better,” said Doug McMillon, president and chief executive officer (CEO) at Walmart. “We are people-led and tech-powered, and I love how our associates continue to drive change and results for our company.”

ALCHEMPro News Desk (SG)