Walmart’s Earnings Streak Faces Market Test as Retail Giant Prepares Q3 Report
Walmart (WMT) enters its November 20 earnings report riding a nine-quarter streak of EPS and revenue beats, defying retail sector headwinds. Analysts project $0.60 EPS on $177.42 billion revenue for fiscal Q3 2026, with top-line estimates rising 1% year-over-year despite 2% downward EPS revisions.
The big-box retailer's grocery dominance and e-commerce acceleration position it for projected 4.3% sales growth, potentially extending its outperformance record. Margin trajectory remains the critical watchpoint as Walmart balances digital ecosystem investments against inflationary pressures.