Walmart Q1 Revenue Up 7.3% to $177.8B; EPS Beats at $0.66
Walmart reported fiscal Q1 net income of $5.33 billion, or $0.66 adjusted EPS, beating analyst forecasts, and logged $177.8 billion in revenue, up 7.3% year-over-year, driven by 26% e-commerce and 37% advertising growth. The retailer forecast Q2 EPS of $0.72–$0.74 and full-year EPS of $2.75–$2.85.
1. Q1 Financial Results
Walmart reported net income of $5.33 billion, or $0.67 per share, and $0.66 adjusted EPS, outpacing the $0.65 per-share consensus estimate and reflecting improved cost management across its global operations.
2. Revenue and Segment Growth
Total Q1 revenue reached $177.8 billion, a 7.3% increase (5.9% in constant currency), led by a 26% surge in global e-commerce—notably store-fulfilled pickup and delivery—and a 37% gain in the global advertising business alongside 17.4% membership fee growth.
3. Guidance and Outlook
Walmart projects second-quarter EPS of $0.72–$0.74 and full-year EPS of $2.75–$2.85, citing continued investment in low-price leadership, faster delivery capabilities and anticipated consumer spending pressures.
4. Debt Financing
The company raised $4.25 billion in long-term debt at favorable rates for general corporate purposes, enhancing liquidity to support strategic initiatives and potential expansion.