Walmart forecast profit, sales below Wall Street estimates, shares fall

Quick Summary:

The company forecast adjusted earnings per share for the fiscal year ending January 2026 in the range of $2.50 to $2.60, below analysts' expectations of $2.

Walmart said annual sales are expected to rise between 3 per cent and 4 per cent.

Walmart shares, which had risen about 72 per cent in 2024 and hit a record high of $105 last week, were down 6 per cent in early trading.

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Article Details

Category: BusinessFinance

Markets: IndiaCanadaChinaMexico

Topics: Walmart profit estimates Walmart shares Walmart sales estimates Wall Street

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-20 @ 22:29:38 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 776 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26301056

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