Walmart reports revenue growth driven by e-commerce and advertising

Walmart reported strong growth for the second quarter of fiscal year 2027, ending July 31, 2026. Total revenue reached approximately $186.1 billion to $187.9 billion, representing a 5.9% increase compared to the previous year.

Key growth drivers included a 23% increase in global e-commerce sales and a 38% rise in global advertising through Walmart Connect. In the United States, e-commerce sales grew by 24%, while Marketplace sales surged by 52%. Digital sales now constitute more than 23% of the U.S. sales mix.

Operating income rose 28.8% to approximately $9.38 billion. The company also noted that it plans to utilize $2.9 billion in tariff refunds to lower consumer prices. Despite the growth, the company's stock experienced a decline of about 9% following the release of the results.