Walmart Shares Drop 7% Despite Q1 Earnings Beat at $177.8 Billion
Walmart reported 7.3% revenue growth and 26% e-commerce sales increase but held its full-year forecast steady, disappointing investors. Walmart (NASDAQ: WMT) shares fell 7% to $120 after reporting first-quarter fiscal 2027 revenue of $177.8 billion, up 7.3% year over year.