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Walmart posts $713.2B revenue, 4.7% growth as WMT falls to 2026 low

Walmart's earnings growth accelerated, yet WMT fell to a new 2026 low, putting the market's focus on the gap between reported growth and forward expectations. With fiscal-year revenue of $713.2B, up 4.7% year over year, and diluted EPS of $2.73, the setup is mixed rather than a clean fundamental break.

STOCK PHOTO · TIMA MIROSHNICHENKO

The story

Walmart reported fiscal-year revenue of $713.2B, an increase of 4.7% year over year, alongside diluted EPS of $2.73 and a 3.1% net margin. Earnings growth accelerated, but the shares nevertheless fell to a 2026 low on August 20, 2026.

The named company is Walmart (WMT); the immediate mechanism is the market discounting the earnings result despite the reported revenue growth. The decline indicates that the result did not resolve the expectations embedded in the stock, although it remains unclear whether the pressure came from guidance, margins, valuation, or positioning.

The next useful evidence is the company's forward outlook and the detail behind the 3.1% net margin. The reaction also leaves open whether the low reflects a temporary earnings reset or a more durable disagreement over Walmart's growth and profitability trajectory.

Our read · Fri, Aug 21

WMT's $713.2B revenue and 4.7% YoY growth are being outweighed by a stock reaction to a 2026 low, leaving the near-term risk/reward mixed until guidance and margin detail clarify the reset.

Why. The earnings reaction is the key signal: reported growth has not translated into share-price support, while the 3.1% net margin leaves profitability detail central to the next read. The available record lacks guidance and valuation data, so it supports monitoring the reset rather than a directional single-name trade.

Both cases

The case it holdsThe bull case rests on Walmart's $713.2B revenue base, 4.7% YoY growth, and $2.73 diluted EPS despite the selloff.
The case it breaksThe bear case is stronger on the immediate tape: the stock sank to a 2026 low despite accelerating earnings, while the reported 3.1% net margin offers no evidence here of expanding profitability.

What could change this view: A stronger-than-feared outlook or margin improvement could invalidate the bearish interpretation of the 2026 low; a deterioration in guidance could instead deepen the reset.

Walmart stock page →
Your side is graded privately against closes after 10 trading days. Research, not advice.

Who reported it · 2

Yahoo FinanceoriginalThu, Aug 20 · 11:05 AM ETWalmart Earnings Accelerate, But WMT Stock Sinks To A 2026 Low
Yahoo FinanceFri, Aug 21 · 8:31 PM ETWMT Stock Slides as Walmart Same-Store Sales Disappoint

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About this report

Reported by Yahoo Finance as Walmart Earnings Accelerate, But WMT Stock Sinks To A 2026 Low, . Who answers for this

2 reports from 2 publishers in this record. Closes are licensed end-of-day data from Databento; the move after a story is its first close against the close before it. How this is decided →

Kept as written · your side, if you take one, is graded privately against licensed closes after 10 trading days · nothing here is advice · How the Wire is made →