WMT Earnings November 2026
November 19 @ 4:05 pm - 5:05 pm
WMT Earnings November 2026
Next WMT Quarterly Earnings: Thursday, at 4:05 pm ET (9:05 pm London).
Date to be confirmed by the publisher; this is the scheduled date.
- Consensus
- Not yet published
- Prior
- Q2 FY27: revenue $187.94bn
- Actual
- Pending
Updated
Walmart Inc. (NYSE: WMT) is expected to report its third-quarter fiscal 2027 results on Thursday, November 19, 2026, with the earnings release and management commentary due around 4:05 pm ET (9:05 pm London). Walmart has not yet confirmed this exact date; the company typically reports third-quarter results in the third week of November, and this page will be updated once Walmart’s investor relations calendar confirms the slot. As the largest retailer in the world by revenue, Walmart’s results are watched closely as a barometer of consumer spending in the United States and, increasingly, of global e-commerce and advertising growth. Full background and the earnings schedule for this series can be found on the US CPI report dates hub, alongside other market-moving releases this quarter.
What is the WMT Q3 FY2027 earnings release?
This is Walmart’s quarterly results announcement covering the three months to roughly October 31, 2026, known as the fiscal third quarter of Walmart’s 2027 financial year. Walmart’s fiscal year runs from February to January, so its “Q3” covers August, September and October trading, including the run-up to the US holiday shopping season. The release includes total revenue, net income, earnings per share (EPS, the portion of profit allocated to each share), comparable sales for Walmart US and Sam’s Club, and e-commerce growth. Management also updates guidance for the following quarter and, at this stage of the year, for the full fiscal year. The call is hosted by Walmart’s chief executive and chief financial officer, with analysts from major banks and research firms asking questions afterwards.
When is the WMT earnings call and how to follow it
Walmart typically issues its earnings release before US markets open and holds an investor call later the same morning, though some recent quarters have shifted timing. Assuming the pattern from its Q2 fiscal 2027 release on August 20, 2026, materials should be published on Walmart’s corporate investor relations site early on the morning of the report, with a conference call and webcast to follow. Because the November date has not yet been formally confirmed by Walmart, readers should check the company’s official investor relations page closer to the date for the exact time. Live coverage typically appears on major financial news sites and business channels, and the audio webcast is usually archived on Walmart’s site afterwards for anyone who cannot follow it live.
What to expect
Walmart does not routinely publish a formal earnings-per-share estimate itself, but management gave forward guidance alongside its second-quarter results on August 20, 2026. At that point the company said it expected adjusted EPS of $0.62 to $0.64 for the third quarter of fiscal 2027, with net sales growing 3.0% to 3.75% in constant currency and adjusted operating income growing 2.0% to 4.0%, according to Walmart’s official Q2 FY27 earnings release. Independent analyst consensus for the November report has not yet been published; a wider Wall Street consensus typically firms up in the weeks before the release as analysts update their models following the prior quarter’s results.
Investors will focus on several areas: whether US comparable sales momentum from the second quarter, when Walmart US comp sales grew 2.6%, has carried into the holiday run-up; the pace of e-commerce growth, which grew 23% globally in the second quarter; and the health of Walmart’s advertising and membership businesses, including Walmart Connect, which grew strongly in the prior quarter. Analysts will also watch commentary on tariff-related costs and price adjustments, an issue Walmart’s chief financial officer discussed directly after the August results, and any change to full-year guidance given the approach of the holiday quarter.
A verified table of the last four quarters’ revenue and EPS against estimates is not included here because not all of the underlying figures for upcoming periods are yet confirmed on Walmart’s investor relations site. Readers wanting the full historical run of results can find them directly on Walmart’s corporate investor relations pages.
What the outcome could mean
| Scenario | Likely market read | Plain-English meaning |
|---|---|---|
| Beat on revenue and EPS, guidance raised | Shares likely to rise; seen as a sign of resilient consumer spending into the holidays | Walmart sold more and made more profit than expected, and expects the trend to continue |
| In line with guidance | Muted reaction; focus shifts to holiday-quarter guidance | Results matched what management had already signalled, so there is little new information |
| Miss or guidance cut | Shares likely to fall; could weigh on other retailers and consumer discretionary stocks | Walmart sold less or earned less than expected, which may signal households are pulling back on spending |
What It Means for Your Money
Walmart is one of the largest single holdings in many US and global index funds, so its results feed directly into pension pots and workplace investment schemes that track the S&P 500 or broad US equity indices, even for savers who have never bought a Walmart share directly. A strong report can lift confidence in US consumer spending broadly, which tends to support other retail and consumer goods shares; a weak one can do the opposite and drag down the wider sector. For shoppers, Walmart’s commentary on pricing and costs, including how it plans to use tariff refunds to hold down prices, can offer an early signal of whether US grocery and household goods prices are likely to rise or fall into the new year. The dollar can also move modestly on unexpectedly strong or weak US consumer data of this kind, which has knock-on effects for the pound, the euro and import costs for UK and European businesses that price goods in dollars. None of this is likely to move mortgage or savings rates directly, but it forms part of the broader picture the Federal Reserve and other central banks use when judging the strength of the US economy.
Related events
- Walmart’s second-quarter fiscal 2027 results, reported August 20, 2026
- US retail sales data for October and November 2026, published by the US Census Bureau
- Other major US retailer earnings reporting around the same week, including Target and Home Depot
Frequently Asked Questions
When exactly will Walmart report Q3 fiscal 2027 earnings?
Walmart has not yet confirmed the date; November 19, 2026 is the expected date based on the company’s usual mid-to-late November reporting pattern, and it will be updated once confirmed.
What was Walmart’s guidance for this quarter?
In its August 20, 2026 release, Walmart guided to adjusted EPS of $0.62 to $0.64 and net sales growth of 3.0% to 3.75% for the third quarter of fiscal 2027, according to the company’s official earnings release.
Is there a published consensus forecast yet?
A consensus forecast has not yet been published for this specific report; analyst estimates typically firm up closer to the release date.
Where can I watch the earnings call live?
Walmart usually streams its earnings call and webcast through its corporate investor relations website, with the audio archived afterwards for later listening.
Why does Walmart’s report matter outside the United States?
As the world’s largest retailer, Walmart’s sales and pricing commentary are widely used as an indicator of US consumer health, which feeds into global market sentiment, currency moves and the outlook for retailers in the UK, Europe and Asia.