Walmart's Dismal Forecast Overshadows Quarterly Win
Walmart Inc (NYSE:WMT) stock is 6.5% lower to trade at $97.27 at last glance, brushing off a fourth-quarter top- and bottom-line beat after blue-chip retailer also issued weaker-than-expected guidance for the fiscal year. For the quarter, Walmart reported adjusted earnings per share of 66 cents on at $180.55 billion in revenue.For 2026, Walmart forecasted earnings per share between $2.50 and $2.60, below analyst projections. The company also warned that it wouldn’t be “immune” to potential headwinds from p ...