Overview
- Walmart reported fiscal Q1 2027 results showing 7.3% revenue growth to $177.8 billion driven by a 26% rise in global e-commerce and a 37% jump in advertising sales, which management points to as proof of its platform transformation.
- The company expanded Walmart Connect on May 28 to let advertisers buy off-site activations and use closed-loop measurement with partners including Yahoo DSP, VIZIO inventory, and Magnite, widening how it monetizes shopper data.
- On May 28 Walmart also scaled its sub-30-minute delivery footprint to 33 U.S. markets, making more than 100,000 products eligible and reporting millions of sub-30-minute deliveries across over 19,000 ZIP codes during the quarter.
- Investors pulled back in late May as rising fuel and freight costs — quantified by management as a meaningful near-term headwind — combined with a trailing P/E above 40 to pressure the stock despite management holding full-year revenue guidance.
- Management has returned capital while investing in social programs: the company repurchased 16.6 million shares for $2.1 billion in the quarter, has $28.2 billion left in buybacks, and on June 3 announced a $10.8 million grant with Matthew 25: Ministries and P&G to expand a national disaster-response fleet.