Form 10-Q · Quarterly report
Walmart 10-Q, filed Aug 28, 2026
- Filed
- CIK
- 0000104169
- Accession no.
- 0000104169-26-000154
Summary
Walmart reported net sales of $186.1 billion and operating income of $9.4 billion for the quarter ended July 31, 2026, up 5.9% and 28.8% respectively, after receiving roughly $2.9 billion in tariff refunds it had paid as importer of record under the International Emergency Economic Powers Act. Walmart U.S. comparable sales rose 3.3% and Sam's Club U.S. comparable sales rose 8.6% in the quarter.
Key points
- Walmart U.S. comparable sales grew 3.3%, driven by transactions and average ticket with strength in grocery, partly offset by a decline in health and wellness from maximum fair price regulation on certain prescription drugs effective January 2026.
- Sam's Club U.S. comparable sales rose 8.6%, including a 4.2 percentage point benefit from higher fuel prices and volumes.
- Gross profit rate rose 96 basis points to 25.4% of net sales for the quarter, primarily due to the tariff refunds, partly offset by price investments and higher fuel costs in the supply chain.
- For the six months ended July 31, 2026, net sales were $361.8 billion, up 6.5%, and operating income was $16.9 billion, up 17.0%.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management's Discussion Overview This discussion, which presents Walmart Inc.'s ("Walmart," the "Company," "our," "us" or "we") results for periods occurring in the fiscal year ending January 31, 2027 ("fiscal 2027") and the fiscal year ended January 31, 2026 ("fiscal 2026"), should be read in conjunction with our Condensed Consolidated Financial Statements as of and for the three and six months ended July 31, 2026, and the accompanying notes included in Part I, Item 1 of this Quarterly Report on Form 10-Q, as well as our Consolidated Financial Statements as of and for the year ended January 31, 2026, the accompanying notes and the related Management's Discussion and Analysis of…
An excerpt of the text as filed with the SEC, cut for length.
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