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Here's What Key Metrics Tell Us About Walmart (WMT) Q1 Earnings

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For the quarter ended April 2026, Walmart (WMT - Free Report) reported revenue of $177.75 billion, up 7.3% over the same period last year. EPS came in at $0.66, compared to $0.61 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $174.56 billion, representing a surprise of +1.83%. The company delivered an EPS surprise of +1.12%, with the consensus EPS estimate being $0.65.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Walmart performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • U.S. comparable store sales (YoY change) - Sam's Club - Without Fuel Impact: 3.9% compared to the 3.4% average estimate based on seven analysts.
  • U.S. comparable store sales (YoY change) - Walmart U.S. - Without Fuel Impact: 4.1% compared to the 4% average estimate based on seven analysts.
  • Reported Sales Growth (YoY change) - Walmart International: 18% compared to the 14.5% average estimate based on five analysts.
  • Net square footage - Total: 1,057.35 Msq ft versus 1,057.08 Msq ft estimated by four analysts on average.
  • Number of stores - International: 5,759 versus the four-analyst average estimate of 5,765.
  • Net square footage - International: 277.54 Msq ft compared to the 277.42 Msq ft average estimate based on four analysts.
  • Net square footage - Sam's Club: 80.50 Msq ft versus the four-analyst average estimate of 80.66 Msq ft.
  • Revenues- Membership and other income: $2.07 billion versus the seven-analyst average estimate of $1.75 billion. The reported number represents a year-over-year change of +27%.
  • Revenues- Net Sales: $175.68 billion versus $173.2 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +7.1% change.
  • Net Sales- Walmart International: $35.11 billion versus $33.87 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +18% change.
  • Net Sales- Walmart U.S.: $117.17 billion versus $116.88 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +4.5% change.
  • Net Sales- Sam's Club: $23.41 billion versus the six-analyst average estimate of $22.87 billion. The reported number represents a year-over-year change of +6.1%.

View all Key Company Metrics for Walmart here>>>

Shares of Walmart have returned +0.7% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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