Walmart (WMT) just delivered a massive Q3 earnings beat, and the stock is reacting fast — trading around $107, up nearly 7% in the last five days.
Here’s the full breakdown:
• Adjusted EPS: $0.62 vs. $0.60 expected
• Revenue: $179.5B (+5.8% YoY), above estimates
• U.S. Sales: +5.1%
• E-commerce: +27%
• Global Ads: +53%
• Membership Income: +9% (including +17% in fees)
• International Sales: +10.8% (Flipkart, China, Walmex leading)
Walmart also raised its 2026 outlook, reporting:
• Higher adjusted EPS
• Higher constant-currency revenue growth
• Higher adjusted operating income
Management says inflation is now running in the low-1% range, and growth is increasingly coming from upper- and middle-income shoppers.
One more major move: Walmart will switch its stock listing from the NYSE to Nasdaq on December 9, 2025, retaining ticker WMT.
