Walmart’s U.S. e-commerce sales have sustained robust momentum, posting 24% growth in fiscal Q2 2027 and marking the seventh straight quarter above 20%, fueled by store-fulfilled delivery surging over 40%, marketplace expansion, and advertising gains. This track record anchors trader consensus around the 21-25% band for the current Q3 ending October 31, 2026, as automation investments continue to lower fulfillment costs and support higher-margin digital economics. Overall company comps and net sales guidance remain more modest at 3-3.75% for the quarter, reflecting broader retail dynamics, yet e-commerce’s consistent contribution to comps—often 400+ basis points—keeps the mid-20s range as the implied-probability leader ahead of the November 19 earnings release.