Walmart Inc. reported first-quarter fiscal year 2026 adjusted EPS of $0.61. This result surpassed analyst expectations. Total revenue reached $165.6 billion for the period.
Global e-commerce sales grew 22% and achieved profitability for the first time. The global advertising business expanded by 50%.
Executives issued a cautious outlook citing significant uncertainty from trade tariffs. CFO John David Rainey warned that tariff-driven price increases will appear in stores starting in May. These price hikes are expected to become more pronounced over time.
Walmart maintained its full-year guidance despite the unpredictable trade environment. The company did not provide a specific profit outlook for the upcoming quarter.