WMT · News · 20260727N

Gross Margin Drivers

Walmart Inc. · 2026-07-27 · Importance 20 · Surprise 24

Walmart’s e-commerce segment reportedly expanded margins on July 28, driven by store fulfillment and network automation. Walmart Connect’s higher-margin retail media business was cited as helping offset thinner grocery margins. Walmart+ subscription growth was also identified as supporting recurring revenue visibility, while capital expenditure volatility remained a concern.

Key facts

• TechStock reported Edible Garden's shares surged 37% after announcing broadened distribution with Walmart, and the company had reported a 22.9% increase in first-quarter revenue but significantly declined gross margins due to reliance on outside growers. source