Consumer Staples
Membership income changes the reconciliation — WMT
Gross profit on merchandise sales plus membership and other income, less operating expense, reconciles to operating income.
Gross profit on merchandise sales plus membership and other income, less operating expense, reconciles to operating income. Omitting the extra income line would make the reconciliation appear to fail. Reported revenue and constant-currency growth are different presentations of the same quarter. Reporting context Walmart reports merchandise sales and membership and other income. The quarter ended July 31, 2026 is the latest released result used at the review cutoff. Q3 FY2027 results were scheduled for November 19, 2026. No unreleased quarter is presented as actual results. How to read the figures The selected results are for Q2 FY2027, ended 2026-07-31. Results were released on 2026-08-20 and the source was reviewed on 2026-11-15. Retain each row’s unit, accounting basis and precision note when making comparisons. Analytical boundary This note identifies relationships and questions in the disclosure. It does not establish a cause from one aggregate ratio or predict a security’s future performance. Consult the linked statement and reconciliation for the company’s own definitions.