Walmart reports solid results but sees some consumers struggling

The world's largest retailer released fiscal first-quarter 2027 earnings before the market open.

The retail bellwether has ‌kept prices on groceries and everyday essentials low amid tight household budgets as the cost of fuel jumps to more than $4 a gallon in the U.S. and inflation remains elevated.

The big box retailer is expected to report another quarter of growing sales and profits, but its commentary on consumer spending – if it's seeing any pressure and where – could offer investors a view into the strength of the U.S. economy.

Walmart also projected second-quarter adjusted earnings of 72 cents to 74 cents a share, short of analyst estimates of 75 cents, while forecasting quarterly net sales growth between 4% and 5%.