Walmart (WMT) reported first-quarter fiscal 2027 earnings that exceeded analyst expectations. Revenue reached $177.5 billion, beating the $174.7 billion consensus estimate. Adjusted earnings per share hit $0.70, surpassing the anticipated $0.66.
E-commerce sales surged 24% during the quarter. Strong grocery division performance further drove growth. Walmart raised its fiscal 2027 adjusted earnings guidance to a range of $2.80 to $2.90 per share.
Walmart shares rose over 4% in pre-market trading following the announcement. The results provided a significant lift to the broader consumer staples sector. This performance serves as a critical indicator for the retail industry.