BUZZ-Walmart falls on lower-than-expected fiscal 2026 forecasts

Reuters
02-20
BUZZ-Walmart falls on lower-than-expected fiscal 2026 forecasts

** Shares of retailer Walmart WMT.N slump nearly 7% to $96.66 premarket

** Company forecasts fiscal year 2026 net sales growth in the range of 3% to 4%, compared with estimates of a 4% rise - data compiled by LSEG

** Expects annual adjusted earnings per share between $2.50 to $2.60, compared with estimates of $2.76

** WMT posts Q4 total U.S. comparable sales growth of 4.9%, surpassing analysts' estimates of a 4.15% increase, helped by a strong holiday season

** Stock rose about 72% in 2024

(Reporting by Savyata Mishra in Bengaluru)

((Savyata.Mishra@thomsonreuters.com))

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