Core Insights - Walmart Inc. has achieved profitability in its global eCommerce operations for the first time, marking a significant milestone for the retailer and the digital retail landscape [1][10] - The company reported positive contributions from both U.S. and global enterprises in the first quarter of fiscal 2026, reflecting years of investment and strategic evolution [1] eCommerce Performance - Global eCommerce sales increased by 22%, driven by store-fulfilled pickup and delivery, marketplace momentum, and digital advertising [4][10] - U.S. eCommerce grew by 21%, while Sam's Club U.S. saw a 27% increase, and International eCommerce rose by 20% [4] Revenue Growth - Global advertising revenues surged by 50%, and membership income rose by 14.8%, supported by the growing adoption of Walmart+ and Sam's Club Plus [3] - The demand for faster delivery options, including one and three-hour windows, has contributed to margin improvement [2] Competitive Landscape - Target Corporation reported a 36% increase in same-day delivery services and mid-single-digit growth in digital sales, supported by Drive Up and Order Pickup [5] - Costco Wholesale Corporation experienced a 14.8% increase in eCommerce comparable sales, driven by its Costco Logistics platform, with deliveries of large items surging by 31% [6] Valuation and Estimates - Walmart's shares have gained approximately 0.6% over the past three months, compared to the industry's growth of 0.4% [9] - The forward price-to-earnings ratio for Walmart is 35.56X, higher than the industry's average of 32.67X [11] - The Zacks Consensus Estimate for Walmart's fiscal 2026 and 2027 earnings indicates year-over-year growth of 3.6% and 11.7%, respectively [12]