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In November, Walmart announced its third-quarter earnings for fiscal year 2026. The data shows steady growth in Walmart's performance. Notably, Walmart China achieved net sales of $6.1 billion in the third quarter, a year-over-year increase of 21.8%; e-commerce net sales grew by 32%.

"The team delivered another strong quarter across the business. eCommerce was a bright spot again this quarter. We're gaining market share, improving delivery speed, and managing inventory well. We're well positioned for a strong finish to the year and beyond that, thanks to our associates. It's been an honor to serve them as CEO, and I'm as excited about the future of this company as I've ever been. John Furner is a fantastic leader with a proven track record. I couldn't be happier for him and for Walmart."

— Doug McMillon President and CEO, Walmart

Highlights 1:

Walmart achieved total revenue of $179.5 billion in the third quarter, a year-over-year increase of 5.8% (excluding the impact of currency fluctuations, total revenue was $179.7 billion, up 6.0%); adjusted operating profit for the third quarter was $7.2 billion, with a year-over-year increase of 8.0%.

Highlights 2:

Walmart China achieved net sales of $6.1 billion in the third quarter, a year-over-year increase of 21.8%; comparable sales increased by 13.8%; e-commerce net sales grew by 32%, with e-commerce sales penetration exceeding 50% (an increase of over 390 basis points compared to the same period last year).

In the third quarter, Sam's Club continued its strong growth momentum. Transaction volume saw double-digit growth, and Sam's Club added 8 new stores in the past 12 months (including 1 new store this quarter).

Due to changes in the business format, gross margin decreased slightly in the quarter. However, benefiting from robust sales growth, as well as changes in the business format and improvements in operational efficiency, the operating expense rate decreased, and operating profit increased.