Walmart Q1 revenue up 7.3% to $177.8B; opioid cases halved, new FTC driver suit filed

Filed May 29, 2026 · Period ending April 30, 2026 · Compared to 10-Q Jun 6, 2025 · ~2 min read

Key Changes

• high

  Revenue grew 7.3% to $177.8B with strong comp sales (Walmart U.S. +4.3%, Sam's Club +5.9%), but operating margin compressed 8 bps to 4.3% due to higher depreciation and $200M in reorganization charges tied to global platform alignment.

  MD&A: Operating Results verify on EDGAR →
• high

  Opioid litigation count dropped ~50% from 250 to 130 cases; opioid securities class action removed from disclosures, suggesting resolution. New FTC driver platform case filed Feb 2026 with state AGs as co-plaintiffs.

  Legal Proceedings verify on EDGAR →
• high

  Sam's Club raised membership fees 20% (Club) and 9% (Plus) effective May 1, 2026. Revenue will flow in ratably over 12 months; first fee increase disclosed in this filing cycle.

  MD&A: Membership Income verify on EDGAR →