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Walmart (WMT) Q2 FY27 earnings call

Earnings call· Jul 2026 (Q2 FY27)· Consumer Staples· Aug 20, 2026

Source: earnings call transcript

Walmart delivered a strong quarter, driven by its diversified omni-channel strategy and accelerating growth in platform businesses like marketplace, advertising, and membership. Strategic price investments, supported by tariff refunds, are driving market share gains and customer traffic, despite headwinds from fuel costs and health and wellness regulations. The company is confident in its model's ability to deliver durable long-term growth and improved economics.

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WMT operating KPIs by quarter

WMT operating KPIs stated on its earnings calls, by fiscal quarter
KPI Oct 2025 Q3 FY26 Jan 2026 Q4 FY26Change vs prior quarter
Employees
2.1M John, you have 2.1 million associates standing behind you as you lead us in this next chapter. Source: earnings call transcript
2M+ And then finally, I just want to thank our associates all around the world, over 2 million people who are working really hard each and every day to serve our customers. Source: earnings call transcript
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Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.