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Walmart shares drop nearly 7% after Q1 beats revenue but misses future earnings guidance

Company Fundamentals
21 May 2026
Proactive Investors
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Bearish
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Walmart reported Q1 revenue of $177.75 billion, beating estimates with 7.3% growth, driven by strong e-commerce and advertising sales. Adjusted EPS matched expectations at $0.66. However, shares fell nearly 7% as the company issued cautious Q2 and full-year earnings guidance below analyst forecasts. CEO John Furner highlighted ongoing efforts in technology and higher-margin commerce to improve shopping experiences and productivity.

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