Walmart reported first-quarter fiscal 2027 revenue of $177.75 billion, a 7.3% increase. Adjusted earnings reached $0.66 per share, meeting analyst expectations. Global e-commerce sales surged 26% as the retailer attracted more higher-income shoppers.

Shares fell more than 2% in pre-market trading following a weaker-than-expected second-quarter forecast. Management attributed lower operating income projections to rising fuel costs. Persistent energy inflation may drive higher retail prices later this year. The company maintained its full-year guidance despite the cautious near-term outlook.