Reported 1 day ago
Walmart (WMT) reported impressive fourth-quarter earnings, exceeding Wall Street expectations with a 5.3% revenue increase to $182.6 billion and a 10% rise in adjusted earnings per share to $0.66. However, investors reacted negatively, causing the stock to drop by up to 7% in early trading, following the company's conservative guidance for fiscal 2026, which projected a modest 3-4% sales growth. This cautious outlook overshadowed Walmart’s successful holiday sales and rising e-commerce performance, leading analysts to expect a challenging trading environment ahead.
Source: YAHOO