Walmart Inc (NASDAQ:WMT) is one of the best stocks to buy according to billionaire Bill Gates.
While Walmart stock pulled back 12% in May, analysts see the stock rising at least 25% over the next year
Pixabay/Public Domain On May 21, Walmart Inc (NASDAQ:WMT) released its fiscal Q1 2027 results that showed improvements in revenue and profit. The company also issued Q2 and full-year guidance, indicating growth. In Q1, the retailer’s revenue rose 7.3% YoY to $177.8 billion.
This growth was supported by a 26% increase in global e-commerce sales and a 37% jump in advertising sales. Membership fees also contributed to the growth, with fee revenue rising 17.4% globally. That topline growth drove bottom-line improvements.