Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTLeo Sun, The Motley FoolFri, June 26, 2026 at 9:40 PM GMT+2 5 min readWalmart (NASDAQ: WMT), the world's largest brick-and-mortar retailer, became a trillion-dollar company on Feb. 3, 2026. But by May 21, it had dropped out of that elite club. Let's see why that happened -- and why Walmart will become a trillion-dollar company again by 2027.What happened to Walmart over the past few years?Walmart operates more than 10,800 stores and warehouse clubs across 19 countries. Most of its revenue comes from its namesake U.S. stores. The company's Sam's Club stores compete against Costco in the warehouse club market, and it operates a wide range of e-commerce websites and smaller regional banners overseas.Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »Image source: Walmart.Walmart pulled ahead of other brick-and-mortar retailers and kept pace with Amazon (NASDAQ: AMZN) by upgrading its e-commerce platform, using its stores to fulfill online orders, launching more private-label products, and renovating its stores. It also matched Amazon's prices, expanded its own Walmart+ subscription service to counter Amazon Prime, and used AI to upgrade its shopping app, logistics services, and inventory management capabilities.From fiscal 2022 to fiscal 2026 (which ended this January), Walmart's revenue and adjusted EPS grew at CAGRs of 5.6% and 5.3%, respectively. It achieved that stable growth even as inflation, trade conflicts, and other macro headwinds curbed consumer spending.During that period, its Walmart U.S. and Sam's Club banners grew steadily. Its international sales growth stalled in fiscal 2022 and 2023 as it divested some of the segment's weaker businesses, but that leaner business thrived again over the following three years.MetricFY 2022FY 2023FY 2024FY 2025FY 2026Walmart U.S. Comps Growth6.4%6.6%5.6%4.5%4.6%Sam's Club U.S. Comps Growth9.8%10.5%4.8%5.9%5%Walmart International Sales Growth(16.8%)0%10.6%6.3%7%Net Sales Growth2.4%6.7%6%5.1%4.7%Adjusted EPS Growth17.9%(2.6%)5.7%9%9.1%Data source: Walmart. Comps growth excludes fuel sales.What will happen to Walmart over the next few years?For fiscal 2027, Walmart expects its net sales to rise 3.5%-4.5%, its adjusted operating income to improve 6%-8%, and its adjusted EPS to grow 4.2%-8%.Walmart's outlook remains stable, but concerns about rising fuel and fulfillment costs, weaker consumer sentiment, and its high valuation caused it to drop out of the trillion-dollar club after it reported first-quarter earnings on May 21. However, Walmart has bounced back from plenty of recessions and economic downturns since its public debut in 1970 -- and its ongoing brick-and-mortar, digital, and AI upgrades should support its long-term growth.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info