BUZZ-Walmart falls on lower-than-expected fiscal 2026 forecasts
ReutersFeb 20, 2025 12:16 PM
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
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