Walmart (WMT) Q3 2026 Earnings Report

Here’s a breakdown of Walmart’s ⁣performance based on the provided text, excluding fuel costs:

Key Financial Results:

* Comparable Sales (excluding fuel): Increased by 5.1% company-wide, exceeding analyst⁢ expectations of⁢ 4%.
*⁣ ⁣ walmart U.S. Comparable Sales (excluding fuel): Increased by 6.3%.
* ⁣ Sam’s Club Comparable Sales (excluding fuel): Rose by 3.8%.
* E-commerce Growth (Global): Grew by 27%.
‍ * E-commerce Growth (U.S.): rose by⁢ 28%, driven by store-fulfilled delivery, advertising, and⁤ its⁣ third-party marketplace.
* E-commerce Growth (International): Jumped 26%.
* ⁣⁤ E-commerce⁢ Growth (Sam’s Club U.S.): Rose 22%.
* Customer Transactions (U.S.): Increased by 1.8%.
* ⁤ Average Ticket (U.S.): Increased by ⁤ 2.7%.
* ⁣ Global Advertising Business: Increased by 53% (including Vizio acquisition).
* U.S. advertising Business (Walmart Connect): Grew 33% year over year.

Strategic Initiatives & Other Highlights:

* ⁤ Potential Acquisition: Walmart is in talks to acquire R&A Data to combat‍ marketplace scams and ⁢counterfeits.
* ⁢ Pricing & tariffs: Walmart has raised prices on some items to offset higher costs from tariffs, but is⁢ working to absorb some ⁣of those costs. There has been some relief in key food⁤ categories ‍due to tariff exemptions⁢ on items like cocoa, bananas, and coffee.
* ⁤ Merchandise Strategy: Walmart is adjusting merchandise orders to reduce markdowns and is prioritizing ‍inventory of family-focused items (like kids’ products) due to their resilience during financial pressure.
* Non-Food Sales: Gains in higher-margin non-food categories,⁤ especially fashion (up over⁣ 5%), are contributing to overall success.