WALMART $WMT Q2’27 EARNINGS HIGHLIGHTS 🔹 Revenue: $187.9B (Est. $186.7B) 🟢; +5.9% YoY 🔹 Adj. EPS: $0.81 (Est. $0.74) 🟢; +19% YoY 🔹 Net Income: $6.5B (Est. $5.91B) 🟢 🔹 eCommerce Sales: +23% globally Raises FY27 Guide: 🔹 Adj. EPS: $2.80-$2.87 (Est. $2.8) 🟡 🔹 Net Sales (cc): +4%-+5% 🔹 Adj. Oper. Income (cc): +7%-+8.5% 🔹 Capital Expenditures: ~4.0% of net sales Q3 Guide: 🔹 Net Sales (cc): +3%-+3.75% 🔹 Operating Income (cc): +2%-+4% 🔹 Adj. EPS: $0.62-$0.64 Segment Net Revenue: 🔹 Walmart U.S.: $125.2B; +3.5% YoY 🔹 Walmart International: $35.2B; +12.8% YoY 🔹 Sam’s Club U.S.: $25.7B; +8.8% YoY Other Q2 Metrics: 🔹 U.S. Comp Sales: 2.6% ex. fuel 🔹 Gross Profit Rate: +96 bps 🔹 Global Advertising: +38% 🔹 Membership Fee Revenue: +17% globally 🔹 Operating Cash Flow: $19.7B 🔹 Free Cash Flow: $5.5B Comments: 🔸 “Our business model is only getting stronger and more durable, and we’re pleased to raise our guidance for the year.”