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AI English summary of an SEC filing — figures as filed

Walmart logoWalmart WMT

The company said total revenue rose $187.9 billion over 3 months, up 5.9%, operating income grew 28.8%, and adjusted operating income grew 17.4% in constant currency. It said operating income included tariff refunds received, partly offset by price investments.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said total revenue rose $187.9 billion over 3 months, up 5.9%, operating income grew 28.8%, and adjusted operating income grew 17.4% in constant currency. It said operating income included tariff refunds received, partly offset by price investments.

  2. Walmart said global eCommerce sales grew 23%, and Walmart U.S. comparable sales excluding fuel rose 2.6%. It explained that Walmart U.S. comparable sales included a 80 basis points headwind from health & wellness.

  3. The company said operating cash flow rose $1.4 billion to $19.7 billion over 6 months, while free cash flow fell $1.4 billion to $5.5 billion. It said it had repurchased 42.3 million shares for $5.1 billion year to date, and $25.1 billion remained of the $30 billion authorization approved in February 2026.

  4. The company raised its outlook for fiscal 2027, now expecting constant-currency net sales to grow 4.0% to 5.0% and constant-currency adjusted operating income to grow 7.0% to 8.5%, with adjusted EPS of $2.80 to $2.87. It gave adjusted EPS guidance of $0.62 to $0.64 for Q3.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

Q2 Sales and Operating Income Changes and Tariff Refunds

The company said total revenue rose $187.9 billion over 3 months, up 5.9%, operating income grew 28.8%, and adjusted operating income grew 17.4% in constant currency. It said operating income included tariff refunds received, partly offset by price investments.

Source · Based on the filing body and exhibits

eCommerce Grows 23% and Walmart U.S. Comparable Sales

Walmart said global eCommerce sales grew 23%, and Walmart U.S. comparable sales excluding fuel rose 2.6%. It explained that Walmart U.S. comparable sales included a 80 basis points headwind from health & wellness.

Source · Based on the filing body and exhibits

6-Month Operating and Free Cash Flow and Share Repurchases

The company said operating cash flow rose $1.4 billion to $19.7 billion over 6 months, while free cash flow fell $1.4 billion to $5.5 billion. It said it had repurchased 42.3 million shares for $5.1 billion year to date, and $25.1 billion remained of the $30 billion authorization approved in February 2026.

Source · Based on the filing body and exhibits

Raised Fiscal 2027 Outlook and Q3 Guidance

The company raised its outlook for fiscal 2027, now expecting constant-currency net sales to grow 4.0% to 5.0% and constant-currency adjusted operating income to grow 7.0% to 8.5%, with adjusted EPS of $2.80 to $2.87. It gave adjusted EPS guidance of $0.62 to $0.64 for Q3.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.