The Bentonville, Arkansas-based company expects annual sales growth between 3% to 4%, slightly below analysts' expectations of 4% growth, according to LSEG data. Walmart's profit forecast for fiscal 2026 is $2.50 to $2.60 per share, compared to Wall Street’s expectation of $2.76 per share.

One factor impacting the outlook is the leap year in 2024, which will have a 20 basis point negative effect on sales due to an extra day. However, Walmart expects a 20 basis point boost from its recent acquisition of smart TV manufacturer Vizio.

How did Walmart perform in the holiday quarter?

Despite the weaker forecast, Walmart’s fourth-quarter U.S. comparable sales grew by 4.6%, surpassing analyst expectations of 4.15%. The company reported a 4.1% increase in total sales, reaching $180.6 billion.

E-commerce sales surged 20%, driven by faster delivery options, with one-third of shoppers choosing deliveries within three hours or less.
Higher-income households, making six figures or more, were the main contributors to Walmart's market share gains.
Sales of seasonal merchandise, auto products, and home goods showed strong performance.
Grocery sales grew in the mid-single digits, boosted by Walmart’s private-label brands.

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