Walmart raises full-year sales, operating income guidance

On Thursday, Walmart (NASDAQ: WMT ) discussed second-quarter financial results during its earnings call.

The full transcript is provided below.

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For comprehensive financial data and transcripts, visit The full earnings call is available at Summary Walmart Inc. reported strong financial performance with a 5% growth in net sales in constant currency, driven by eCommerce, Sam's Club, and International segments, with adjusted operating income growing 17.4%.

The company is focusing on strategic initiatives like expanding its Marketplace platform globally, enhancing eCommerce capabilities, and leveraging its physical footprint for faster delivery, which grew 48% this quarter.

Walmart raised its full-year sales guidance to 4%-5% and operating income growth to 7%-8.5%, despite facing headwinds from maximum fair pricing regulations impacting comp sales by 125 basis points.

Operationally, the company reported significant eCommerce growth across all segments, with Walmart U.S. eCommerce increasing 24% and Marketplace sales up 52%, indicating a strong digital transformation.

Management highlighted the importance of price investments, noting 11,000 rollbacks in the quarter to drive market share gains, and expressed confidence in the durability of these gains and the company's omni-channel strategy.

Full Transcript OPERATOR Greetings.

Welcome to Walmart's second quarter fiscal '27 earnings call.

At this time, all participants are in a listen-only mode.

If anyone should require operator assistance during the conference, please press star-0 on your telephone keypad.

I'll now turn the conference over to Steph Wissing, Senior Vice President, Investor Relations.

Thank you.

You may begin.

Steph Wissing, Senior Vice President, Investor Relations Welcome, everyone.

Joining me today from our home office in Bentonville are CEO John Furner and CFO John David Rainey.

We'll begin with highlights of the previous quarter and our outlook for the year.

Then we'll open the line for your questions.

During the question-and-answer portion, we've invited Seth Delaire, our Chief Growth Officer, as well as segment leadership to join: Dave Gugina from Walmart U.S., Chris Nicholas from Walmart International, and Latrice Watkins from Sam's Club U.S., so we can address as many of your questions as possible.

Please limit yourself to one question.

For additional detail on our results, including highlights by segment, please see our earnings release and supplemental presentation on our website.

Today's call is being recorded, and management may make forward-looking statements.

These statements are subject to risks and uncertainties that could cause actual results to differ materially from these statements.

These risks and uncertainties include, but are not limited to, the factors identified in our filings with the SEC.

Please review our press release and slide presentation for a cautionary statement regarding forward-looking statements, as well as our entire safe harbor statement and non-GAAP reconciliations on our website at stock.walmart.com.

That concludes my introduction.

John, over to you.

John Furner, CEO Good morning and thanks for joining us.

I want to start by thanking our associates around the world.

Their commitment to serving customers and members every day is what drives our business, and the results we delivered this quarter reflect their hard work.

This was a good quarter for Walmart and shows once again that our strategy is proving out.

We've been investing against it for years, and I'm even more bullish today as we see the pieces increasingly powering each other: a strong retail foundation alongside faster-growing businesses like Marketplace, advertising, and membership.

The math isn't simply one plus one equals two.

The value comes from how these businesses work together, with each one strengthening the others and expanding what the company can do as a whole.

And as these businesses scale, they become a more meaningful part of our mix and they're changing the shape of our business.