In the first quarter of fiscal 2026, Walmart (WMT) reported a 22% increase in global e-commerce sales, with U.S. e-commerce sales rising 21%, and international sales increasing by 20%. Notably, Sam’s Club U.S. saw e-commerce sales surge by 27%. This growth is attributed to improved store-fulfilled pickup and delivery services, along with a significant increase in online grocery shopping.
Walmart’s omnichannel strategy, which integrates physical stores with digital shopping, has been a key driver of this success. The company continues to invest in technology and streamline operations while expanding its digital services such as Walmart GoLocal and Walmart Connect. In 2025, Walmart’s earnings are projected to grow by 3.2%, followed by an estimated 11.6% growth in 2026.
Walmart shares gained approximately 10.6% year to date, trading at a forward price-to-earnings ratio of 37.08, higher than the industry average of 33.95.
