Walmart Beats Q3 Revenue Estimates with $179.5B Sales, Guides Q4 at $190.6B
Walmart reported fiscal Q3 revenues of $179.5 billion, up 5.8% year-on-year and 1.1% above analyst forecasts, and gross margins beat estimates while full-year EPS guidance met expectations. Analysts forecast Q4 revenues of $190.6 billion, up 5.6%, and adjusted EPS of $0.73 per share ahead of the earnings release.
1. Q3 Revenue Beat and Margins
Walmart reported fiscal Q3 revenues of $179.5 billion, a 5.8% year-on-year increase and 1.1% above consensus estimates, while gross margins exceeded forecasts and full-year EPS guidance remained unchanged.
2. Q4 Revenue and EPS Forecasts
Analysts anticipate Q4 revenue of $190.6 billion, a 5.6% year-on-year rise, and adjusted EPS of $0.73 per share, reflecting steady sales growth in the non-discretionary retail segment.
3. Market Performance and Consumer Sentiment
Shares have risen 8.5% over the past month as Walmart surpassed its peers, reaching a trillion-dollar market capitalization despite near-record lows in consumer sentiment, underscoring resilience amid economic unevenness.