Walmart Stock Drops 11.5% Post-Q1 Earnings; Walmart+ Tops 28.4 Million
WMT•Walmart shares fell 11.5% following Q1 2027 results that left full-year guidance unchanged and highlighted margin pressure from inflation and higher fuel costs. Walmart+ membership reached 28.4 million, driving double-digit subscription revenue growth as members spend four times more and shop seven times more often than non-subscribers.
1. Q1 2027 Earnings and Stock Reaction
Walmart reported Q1 results in line with expectations but maintained its full-year guidance, citing persistent inflation and rising fuel costs as headwinds to margin expansion. Investors reacted negatively, sending shares down 11.5% on concerns that flat guidance signals tougher profitability amid ongoing cost pressures.
2. Robust Walmart+ Subscription Performance
Walmart+ membership climbed to 28.4 million, fueling double-digit growth in subscription revenue. Data show Walmart+ members spend four times more and visit stores or online platforms seven times more frequently than non-members, underscoring the service’s role in bolstering customer loyalty and recurring revenue.
