Equity Profile

WMT

Walmart Inc.

Consumer StaplesConsumer Staples Merchandise Retail$947.9B

Aug20Thu

Pre-Earnings Brief

UpcomingQ2-2027Pre-Market9:00 AM EDT

Company Snapshot

Walmart Inc. is a leading retail giant in the consumer staples sector, known for its extensive network of stores and e-commerce operations....

Key Metrics to Watch

Same-Store Sales Growth

This metric indicates how well existing stores are performing, reflecting consumer demand and pricing strategies.

3.5%

Earnings Per Share (EPS)

EPS is a critical measure of profitability and is closely watched by investors to gauge financial health.

0.68

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

WMT Q2-2027 Earnings Preview

Context

Company Snapshot

Walmart Inc. is a leading retail giant in the consumer staples sector, known for its extensive network of stores and e-commerce operations. The company plays a crucial role in consumer spending, providing a wide range of merchandise at competitive prices, which makes it a key player in the retail industry.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+2.52%

Avg Stock Reaction

-0.52%

Last Quarter Recap

In the last quarter, Walmart reported an EPS of $0.66, slightly beating expectations. However, the stock fell 7.27% the following day, indicating market concerns despite the earnings surprise.

Management Promises & Guidance

Focus on enhancing e-commerce capabilities.
Commitment to maintaining low prices for consumers.
Plans to improve supply chain efficiency.

Expectations

Wall Street Expectations

Analysts are cautiously optimistic about Walmart's upcoming earnings, expecting steady performance amid economic challenges. The focus will be on same-store sales and EPS growth.

Bull Case

If Walmart shows strong same-store sales growth and maintains or exceeds EPS expectations, it could signal robust consumer demand and effective cost management.

Bear Case

Conversely, if the company reports weaker sales or misses EPS targets, it may raise concerns about consumer spending trends and competitive pressures.

Key Metrics to Watch

Same-Store Sales Growth

3.5%

This metric indicates how well existing stores are performing, reflecting consumer demand and pricing strategies.

Earnings Per Share (EPS)

0.68

EPS is a critical measure of profitability and is closely watched by investors to gauge financial health.

Total Revenue

N/A

Revenue growth is essential for assessing overall business performance and market share.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the same-store sales growth rate for Q2-2027?

This metric is crucial for understanding consumer demand and the effectiveness of Walmart's pricing strategies.

Will Walmart's EPS meet or exceed the consensus estimate of $0.68?

EPS performance directly impacts investor sentiment and stock valuation.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Walmart's ability to drive same-store sales growth despite economic headwinds, as its low-price strategy remains effective.

Supporting Evidence

Walmart's historical ability to outperform in challenging retail environments.

Recent consumer spending trends indicate resilience in essential goods.

Insider selling may reflect personal financial decisions rather than company outlook.

Key Risk

If same-store sales growth exceeds 4%, it could challenge the current cautious sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on consumer behavior and Walmart's ability to navigate economic pressures.

Bull Confirmed If

A same-store sales growth of 4% or higher would confirm strong consumer demand.

Bear Confirmed If

If same-store sales growth falls below 2%, it would indicate potential weakness in consumer spending.

Pre-Earnings Positioning

Options Market

Implied Move

±10.76%

Historical Avg

±4.5%

Pricing rich

The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings report.

Options are pricing ±10.8% while WMT has averaged ±4.5% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

31.0%

Calls (4.8M)P/C Ratio: 0.42Puts (1.9M)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$4.7M

36,776 sh

4 insiders

Net

$4.7M

Net selling

Most Active Insiders· 6 open-market trades

President & CEOFurner John R.
$1.6M
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Walmart beats expectations, history suggests a potential stock increase of around 0.05%, confirming strong demand and operational efficiency.

In-Line / Cautious

If results are in line but management offers cautious commentary, the stock may experience muted movement as investors reassess future growth.

Miss

A miss on EPS or same-store sales could lead to a decline of approximately 4.49%, reflecting investor disappointment.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·2 sells

Members

House only

Est. Notional

$52,003.00–$130,000.00

disclosed dollar ranges

Most Active Members

R-VAJohn McGuireRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on same-store sales performance and any regional variations.
2Updates on e-commerce growth and its impact on overall revenue.
3Management's outlook on consumer spending trends for the upcoming quarter.
4Any commentary on supply chain improvements and cost management efforts.
5Insights into competitive pressures and pricing strategies.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Walmart Inc. is a leading retail giant in the consumer staples sector, known for its extensive network of stores and e-commerce operations....

Key Metrics to Watch

Same-Store Sales Growth

This metric indicates how well existing stores are performing, reflecting consumer demand and pricing strategies.

3.5%

Earnings Per Share (EPS)

EPS is a critical measure of profitability and is closely watched by investors to gauge financial health.

0.68

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

WMT Q2-2027 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+2.52%

Avg Stock Reaction

-0.52%

Last Quarter Recap

In the last quarter, Walmart reported an EPS of $0.66, slightly beating expectations. However, the stock fell 7.27% the following day, indicating market concerns despite the earnings surprise.

Management Promises & Guidance

Focus on enhancing e-commerce capabilities.
Commitment to maintaining low prices for consumers.
Plans to improve supply chain efficiency.

Expectations

Wall Street Expectations

Analysts are cautiously optimistic about Walmart's upcoming earnings, expecting steady performance amid economic challenges. The focus will be on same-store sales and EPS growth.

Bull Case

If Walmart shows strong same-store sales growth and maintains or exceeds EPS expectations, it could signal robust consumer demand and effective cost management.

Bear Case

Conversely, if the company reports weaker sales or misses EPS targets, it may raise concerns about consumer spending trends and competitive pressures.

Key Metrics to Watch

Same-Store Sales Growth

3.5%

This metric indicates how well existing stores are performing, reflecting consumer demand and pricing strategies.

Earnings Per Share (EPS)

0.68

EPS is a critical measure of profitability and is closely watched by investors to gauge financial health.

Total Revenue

N/A

Revenue growth is essential for assessing overall business performance and market share.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the same-store sales growth rate for Q2-2027?

This metric is crucial for understanding consumer demand and the effectiveness of Walmart's pricing strategies.

Will Walmart's EPS meet or exceed the consensus estimate of $0.68?

EPS performance directly impacts investor sentiment and stock valuation.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Walmart's ability to drive same-store sales growth despite economic headwinds, as its low-price strategy remains effective.

Supporting Evidence

Walmart's historical ability to outperform in challenging retail environments.

Recent consumer spending trends indicate resilience in essential goods.

Insider selling may reflect personal financial decisions rather than company outlook.

Key Risk

If same-store sales growth exceeds 4%, it could challenge the current cautious sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on consumer behavior and Walmart's ability to navigate economic pressures.

Bull Confirmed If

A same-store sales growth of 4% or higher would confirm strong consumer demand.

Bear Confirmed If

If same-store sales growth falls below 2%, it would indicate potential weakness in consumer spending.

Pre-Earnings Positioning

Options Market

Implied Move

±10.76%

Historical Avg

±4.5%

Pricing rich

The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings report.

Options are pricing ±10.8% while WMT has averaged ±4.5% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

31.0%

Calls (4.8M)P/C Ratio: 0.42Puts (1.9M)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$4.7M

36,776 sh

4 insiders

Net

$4.7M

Net selling

Most Active Insiders· 6 open-market trades

President & CEOFurner John R.
$1.6M
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Walmart beats expectations, history suggests a potential stock increase of around 0.05%, confirming strong demand and operational efficiency.

In-Line / Cautious

If results are in line but management offers cautious commentary, the stock may experience muted movement as investors reassess future growth.

Miss

A miss on EPS or same-store sales could lead to a decline of approximately 4.49%, reflecting investor disappointment.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·2 sells

Members

House only

Est. Notional

$52,003.00–$130,000.00

disclosed dollar ranges

Most Active Members

R-VAJohn McGuireRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on same-store sales performance and any regional variations.
2Updates on e-commerce growth and its impact on overall revenue.
3Management's outlook on consumer spending trends for the upcoming quarter.
4Any commentary on supply chain improvements and cost management efforts.
5Insights into competitive pressures and pricing strategies.