{"symbol":"WMT","fiscalQuarter":"Q2-2027","reportDate":"2026-08-20","reportTime":"BMO","status":"upcoming","company":{"name":"Walmart Inc.","sector":"Consumer Staples","industry":"Consumer Staples Merchandise Retail"},"tier":"free","webUrl":"https://earningsnxt.ai/ticker/WMT/earnings/Q2-2027","preBrief":{"companySnapshot":"Walmart Inc. is a leading retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. As a major player in the consumer staples sector, Walmart is crucial for understanding trends in consumer spending and retail performance.","keyMetrics":[{"name":"Earnings Per Share (EPS)","why":"EPS is a key indicator of the company's profitability and will help gauge how well Walmart is managing costs and sales.","consensus":"N/A"},{"name":"Revenue Growth","why":"Revenue growth reflects the company's ability to attract and retain customers, especially in a competitive retail environment.","consensus":"N/A"},{"name":"Same-Store Sales Growth","why":"This metric indicates the performance of stores that have been open for at least a year and is crucial for assessing organic growth.","consensus":"N/A"}],"lastQuarterRecap":{"summary":"In the last quarter, Walmart reported an EPS of $0.66, slightly beating expectations. However, the stock reacted negatively, dropping 7.27% the following day.","promises":[]},"wallStreetExpectations":{"summary":"Overall, expectations are cautious as Walmart has shown mixed results in recent quarters, with a history of small EPS surprises. Investors will be closely watching for any signs of improvement in revenue and same-store sales.","bullCase":"If Walmart can demonstrate strong revenue growth and improved same-store sales, it could signal a rebound in consumer spending, leading to a positive stock reaction.","bearCase":"On the other hand, if the company fails to meet expectations for revenue or shows signs of declining sales, it could lead to further stock declines."},"optionsSignal":{"impliedMove":"10.76%","context":"The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings report."},"earningsTrackRecord":[{"quarter":"Q1-2027","epsSurprise":"+1.07%","reaction":"-7.27%"},{"quarter":"Q4-2026","epsSurprise":"+1.37%","reaction":"-1.38%"},{"quarter":"Q3-2026","epsSurprise":"+2.31%","reaction":"+6.46%"},{"quarter":"Q2-2026","epsSurprise":"-5.95%","reaction":"-4.49%"},{"quarter":"Q1-2026","epsSurprise":"+6.27%","reaction":"-0.50%"}],"pivotalQuestions":[{"question":"What will the same-store sales growth rate be for this quarter?","whyItMatters":"This metric is critical for assessing Walmart's organic growth and consumer demand, which will heavily influence market sentiment."},{"question":"How is Walmart managing its supply chain and cost pressures?","whyItMatters":"Given the current economic climate, insights into cost management will be vital for understanding profitability and future pricing strategies."}],"thesisBreakLevels":{"bullTrigger":"A same-store sales growth rate of over 5% would confirm the bull case, indicating strong consumer demand.","bearTrigger":"A decline in same-store sales or a significant miss on EPS would confirm the bear case.","context":"The core debate this quarter revolves around Walmart's ability to maintain growth amidst economic pressures and changing consumer behavior."},"scenarioPlaybook":{"beatAndRaise":"If Walmart beats expectations, history suggests the stock could rise by around 0.05% on the day, confirming a positive outlook.","inLineCautious":"If results are in line but management expresses caution, the stock may see muted movement as investors reassess future growth.","miss":"A miss could lead to a decline of around 4.49%, reflecting ongoing concerns about consumer spending and operational challenges."},"whatTheStreetIsMissing":{"thesis":"The Street may be underestimating the impact of Walmart's cost management strategies and the potential for a rebound in consumer spending, particularly in key categories.","supportingPoints":["Walmart has a strong history of beating EPS estimates, with an 88% beat rate over the last eight quarters.","Despite recent stock declines, the company has maintained a solid customer base, which could translate into improved sales.","Options pricing suggests a significant move, indicating that traders expect volatility, which could be a sign of underlying strength."],"riskToConsensus":"If same-store sales growth exceeds 5%, it could shift sentiment dramatically in favor of the bull case."},"whatToListenFor":["Any updates on supply chain improvements and cost management strategies.","Details on consumer spending trends and how they are affecting sales.","Insights into inventory levels and how they are being managed.","Any commentary on competition and market share dynamics.","Future guidance on revenue expectations and strategic initiatives."],"metaDescription":"Walmart (WMT) reports Q2 2027 earnings August 20. Investors are watching for same-store sales growth and cost management insights."}}