Walmart Reports Q3 2026 Adjusted EPS of $0.62, Exceeding Estimates

Walmart (WMT.US) reported strong third-quarter results for fiscal year 2026, with adjusted EPS reaching $0.62, surpassing analyst estimates of $0.61. Total revenues for the quarter were $179.5 billion, marking a 5.8% increase year-over-year. The company's adjusted operating income in constant currency grew 8.0%.

Strong eCommerce and Segment Growth

Walmart experienced significant growth across its operations, with global eCommerce sales up 27%. Each business segment recorded more than 20% growth in eCommerce. Walmart U.S. comparable sales increased 4.5%, driven by strong performance across various categories, while Walmart International net sales in constant currency rose by 11.4%, led by Flipkart, China, and Walmex.

The company's global advertising business surged 53%, including VIZIO, with Walmart Connect in the U.S. seeing a 33% increase. Membership and other income also showed robust growth of 9.0%, with membership income alone growing 16.7%. Sam's Club U.S. recorded a 3.1% increase in net sales and a 3.8% rise in comparable sales, excluding fuel, driven by increased transactions and unit volumes.

Management Raises Full-Year Outlook

Management raised its outlook for fiscal year 2026, anticipating net sales growth of 4.8% to 5.1% and adjusted operating income growth of 4.8% to 5.5%, both in constant currency. Adjusted EPS is now expected to be in the range of $2.58 to $2.63, including a currency headwind of $0.01 to $0.02.

Doug McMillon, President and CEO, expressed confidence in the company's performance, highlighting eCommerce as a key growth driver. He noted the company's strong market share gains, improved delivery speed, and effective inventory management, positioning Walmart for a strong finish to the year and beyond.

Strategic Exchange Listing Transfer

Walmart announced its decision to transfer the listing of its common stock to The Nasdaq Stock Market LLC, effective December 9, 2025, maintaining its current ticker symbol "WMT". This move, which also includes the transfer of nine bonds, is aligned with the company's technology-forward and innovation-driven strategy.