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

Reuters
20 Feb
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))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10