# Walmart Inc. (WMT) — Q1-2023 Earnings Results

**Report date:** 2022-05-17 (before market open)  
**Sector:** Consumer Staples / Consumer Staples Merchandise Retail  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/WMT/earnings/Q1-2023

## Post-Earnings Brief

### Headline

Walmart Misses on EPS, Stock Down 11.38%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.30 | N/A | -11.08% |
| Revenue | N/A | N/A | N/A |

### Management Commentary

**Tone:** Defensive

Management acknowledged the tough retail environment and the impact of inflation on consumer spending. They emphasized the need to adapt to changing market conditions.

**Key quotes:**

> Management expressed concerns over rising costs impacting margins.

> They highlighted ongoing challenges in supply chain logistics.

> There was a focus on maintaining customer loyalty amid economic pressures.

### Guidance Changes

No guidance updates were provided for future quarters.

### What It Means

Walmart's earnings report indicates challenges in managing costs and maintaining profitability amid economic pressures. The stock's significant drop of 11.38% reflects investor concerns over these issues and the lack of guidance for future performance. The market is reacting to uncertainties in consumer behavior and supply chain disruptions.

---

_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/WMT/earnings/Q1-2023_