WMT Seasonality: Walmart Stock's Best and Worst Months
November 3, 2026
As a consumer staple, Walmart often behaves differently from the technology stocks that dominate market headlines, and WMT seasonality shows it. September, the market’s weakest month, has been positive for Walmart, while December has been negative. These figures use split- and dividend-adjusted prices from 2011 to 2025.
WMT seasonality chart: the average year
Walmart stock seasonality by month
| Month | WMT avg return | Rose in (15y) |
|---|---|---|
| January | +1.52% | 9 of 15 |
| February | −1.76% | 7 of 15 |
| March | +2.28% | 11 of 15 |
| April | +2.42% | 10 of 15 |
| May | +0.50% | 8 of 15 |
| June | +0.43% | 6 of 15 |
| July | +2.72% | 11 of 15 |
| August | +1.57% | 9 of 15 |
| September | +0.45% | 10 of 15 |
| October | +2.34% | 9 of 15 |
| November | +4.17% | 11 of 15 |
| December | −0.82% | 7 of 15 |
Best months: November, July and March
November is Walmart’s strongest month, averaging +4.17%. July and March match its reliability, each rising in 11 of 15 years. September is modest at +0.45%, but it rose in 10 of 15 years, a contrast with the S&P 500’s negative September.
Weak spots: February and December
February is the weakest month at −1.76%, with a worst year of −15.56% in 2018. December averages −0.82%, and rose in only 7 of 15 years. Amazon shows a similar December. For both retailers, November has been strong and December weak, although the data shows only the pattern and not the reason.
The most reliable WMT seasonal windows
| WMT window | Avg return | Rose in (15y) | Worst year |
|---|---|---|---|
| Jun 29 – Jul 29 | +3.50% | 15 of 15 | +0.13% |
| Mar 23 – Apr 22 | +4.64% | 13 of 15 | −5.86% |
| Oct 9 – Nov 8 | +3.88% | 13 of 15 | −11.86% |
| Nov 19 – Nov 29 | +2.07% | 12 of 15 | −1.33% |
| Aug 24 – Sep 13 | +2.01% | 12 of 15 | −3.34% |
The weak windows around earnings
February 17 to 27 fell in 11 of 15 years (average −3.22%, worst −12.66%), and August 16 to 26 fell in 12 of 15 (average −1.89%, worst −10.43%). Walmart has typically reported earnings in mid-to-late February and August, so these windows may partly reflect earnings reactions. December 13 to 23 also fell in 10 of 15 years.
See the live chart, monthly table and upcoming windows on the WMT seasonality page.
Check any Walmart date range against every year.
Open WMT in the Chart ExplorerPast seasonal performance does not guarantee future results. Win rates and average returns are historical base rates, not predictions. This is for informational purposes only and is not financial advice.
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