Walmart Shares Down On Q4 Results, Outlook; Sets New $30 Bln Share Buyback

Shares of Walmart Inc. (WMT) were down more than 3% in pre-market trading on Thursday after reporting lower profit for the fourth quarter. The retailer also issued first-quarter as well as full-year outlook and announced a new share repurchase programme of up to $30 billion.For the first quarter, the company expects net sales to increase 3.5% to 4.5% from $164 billion reported in the same period of fiscal 2026. Adjusted earnings per share are projected in the range of $0.63 to $0.65, compared with $0.61 a ...