Core Viewpoint - Walmart forecasts annual sales and profit below elevated expectations as it enters a new chapter under CEO John Furner, despite strong holiday quarter performance driven by investments in online delivery and low prices [1][3] Group 1: Financial Performance - Walmart's overall revenue rose 5.6% for the quarter to $190.66 billion, slightly exceeding expectations [3] - The company reported a 4.6% increase in U.S. same-store sales for the fourth quarter, which includes November, December, and January [6][8] - Walmart's U.S. online sales surged 27% in the quarter, marking its 15th consecutive quarterly double-digit increase [9] Group 2: Future Outlook - Walmart expects consolidated net sales for fiscal year 2027 to rise between 3.5% and 4.5%, below analysts' expectations of approximately 5% [10] - The forecast for adjusted earnings per share is set at $2.75 to $2.85, which is below the expected $2.96 [10] Group 3: Strategic Initiatives - The company announced a new $30 billion share buyback plan [3][7] - Walmart's dominance in groceries continues to attract value-conscious shoppers, contributing to its strong sales performance [7][8] Group 4: Market Position - Walmart's stock has outperformed its U.S. retail rivals and the S&P 500 index over the past year, with a 22% gain [4][5] - The company has gained market share among households earning over $100,000, bolstering its online sales through services like same-day and two-day deliveries [9]

Core Viewpoint - Walmart Inc. has approved an annual cash dividend of $0.99 per share for fiscal year 2027, marking a 5% increase from the previous year's dividend of $0.94 per share [1] Dividend Details - The annual dividend of $0.99 per share will be distributed in four quarterly installments of $0.2475 per share [1] - The record and payable dates for the dividend payments are as follows: - Record Date: March 20, 2026, Payable Date: April 6, 2026 - Record Date: May 8, 2026, Payable Date: to be determined [1]

Core Insights - Walmart Inc. reported a revenue of $190.7 billion for the fourth quarter, reflecting a growth of 5.6%, or 4.9% on a constant currency basis [1] Financial Performance - Global eCommerce sales increased by 24%, driven by store-fulfilled pickup and delivery services as well as marketplace offerings [1] - The global advertising business saw a significant rise of 37%, with Walmart Connect in the U.S. growing by 41% [1] - Membership fee revenue grew by 15.1% globally [1] - The gross margin rate improved by 13 basis points, primarily due to performance in Walmart U.S. [1] - Operating income rose by $0.8 billion, representing a growth of 10.8%, or 10.5% when adjusted for constant currency [1]

Core Insights - The retailer is successfully attracting a diverse range of shoppers across all income groups to its grocery offerings and fast online delivery services [1] Group 1 - The retailer's grocery segment is experiencing increased foot traffic from various income demographics [1] - The online delivery service is gaining popularity, contributing to the overall growth in shopper engagement [1]

Revenue and Sales Performance - Revenue for Q4 reached $190.7 billion, an increase of 5.6%, or 4.9% in constant currency[8] - Walmart's net sales for the three months ended January 31, 2026, were $188.913 billion, representing a 5.6% increase from $178.830 billion in the same period of 2025[34] - Total revenues for the fiscal year ended January 31, 2026, reached $713.163 billion, up 4.7% from $680.985 billion in 2025[34] - Walmart U.S. net sales reached $129,223 million in Q4 2026, a 4.6% increase from $123,523 million in Q4 2025[37] - Walmart International net sales grew by 11.5% to $35,927 million in Q4 2026, compared to $32,208 million in Q4 2025[37] - Sam's Club U.S. net sales increased by 2.9% to $23,763 million in Q4 2026, up from $23,099 million in Q4 2025[37] - U.S. comparable sales for Walmart U.S. were up 4.5% for the 52 weeks ended January 30, 2026, compared to 4.4% for the previous year[38] - Total revenues for the three months ended January 31, 2026, were reported at $36,341 million, reflecting an 11.6% increase, while consolidated revenues were $190,656 million, up 5.6%[44] - Net sales for the same period were $35,927 million, an increase of 11.5%, with consolidated net sales reaching $188,913 million, up 5.6%[44] Operating Income and Profitability - Adjusted operating income increased by 10.8%, reaching $7.0 billion in Q4[7] - Operating income for the three months ended January 31, 2026, was $8.708 billion, a 10.8% increase compared to $7.859 billion in the prior year[34] - Operating income for Walmart U.S. was $6,953 million in Q4 2026, a 6.6% increase from $6,524 million in Q4 2025[37] - Adjusted operating income for consolidated operations was $8,574 million in fiscal year 2026, a 10.5% increase from $7,760 million in fiscal year 2025[37] - Operating income for the trailing 12 months ended January 31, 2026, was $29,825 million, slightly up from $29,348 million in 2025[67] Net Income and Earnings Per Share - Consolidated net income attributable to Walmart for the three months ended January 31, 2026, was $4.237 billion, down 19.4% from $5.254 billion in the same period of 2025[34] - Consolidated net income for fiscal year 2026 was $22,270 million, an increase of 10.5% from $20,157 million in 2025[36] - Basic net income per common share attributable to Walmart for the three months ended January 31, 2026, was $0.53, a decrease of 18.5% from $0.65 in the prior year[34] - Adjusted diluted earnings per share (EPS) for the fiscal year ended January 31, 2026, was $2.64, reflecting a decrease of $0.09 due to various adjustments[56] - Reported EPS for the three months ended January 31, 2025, was $0.65, with adjusted EPS of $0.66 after accounting for unrealized and realized gains and losses[58] - For the fiscal year ended January 31, 2025, reported EPS was $2.41, with adjusted EPS of $2.51 after net adjustments including business reorganization charges[58] Cash Flow and Capital Expenditures - Operating cash flow for the year was $41.6 billion, an increase of $5.1 billion[12] - Net cash provided by operating activities increased to $41,565 million in 2026, up from $36,443 million in 2025, reflecting a growth of 14.5%[36] - Free cash flow for the fiscal year ended January 31, 2026, was $14,923 million, representing an increase of $2,263 million compared to the prior year[49] - The company experienced a $2.9 billion increase in capital expenditures to support its omnichannel growth strategy during the fiscal year ended January 31, 2026[49] Shareholder Returns and Repurchase - The company announced a new $30 billion share repurchase authorization[7] - The company paid dividends totaling $7,507 million in fiscal year 2026, compared to $6,688 million in fiscal year 2025, reflecting a 12.3% increase[36] Inventory and Advertising - Inventory increased by 4.3% to $58.9 billion, maintaining healthy in-stock levels[12] - The global advertising business saw a 37% increase, with Walmart Connect in the U.S. up 41%[8] Financial Ratios and Tax Rates - Return on Assets (ROA) increased to 8.2% for the trailing 12 months ended January 31, 2026, up from 7.9% in the previous year, driven by higher net income[62] - Return on Investment (ROI) decreased to 15.1% for the trailing 12 months ended January 31, 2026, compared to 15.5% in the prior year, primarily due to increased average invested capital[62] - The effective tax rate for the fiscal year ended January 31, 2026, was reported at 24.4%[56] - The effective tax rate was reported at 22.1% for the three months ended January 31, 2025, and 23.4% for the fiscal year[58]

Core Viewpoint - Carrefour SA is a significant player in the global retail market, operating a wide network of hypermarkets, supermarkets, and convenience stores, primarily in Europe, Latin America, and Asia, while facing competition from retail giants like Walmart and Tesco [1] Financial Performance - On February 18, 2026, Carrefour reported an earnings per share (EPS) of $0.29, matching market expectations, with actual revenue reaching approximately $48.4 billion, slightly exceeding estimates [2][6] - During the Q4 2025 earnings call, Carrefour's management discussed key financial metrics, revealing a price-to-earnings (P/E) ratio of 35.19 and a price-to-sales ratio of 0.12, indicating a relatively low market valuation compared to its sales [3] Valuation Metrics - Carrefour's enterprise value to sales ratio stands at 0.26, and the enterprise value to operating cash flow ratio is 5.84, reflecting the company's total valuation in relation to its revenue and cash flow efficiency [4] - An earnings yield of 2.84% indicates a modest return on earnings, while a debt-to-equity ratio of 1.69 suggests a higher level of debt compared to equity, highlighting Carrefour's financial structure [4][6] Liquidity and Financial Health - The company's current ratio of 0.90 suggests potential liquidity challenges in covering short-term liabilities, which is crucial for understanding Carrefour's ability to meet immediate financial obligations [5]

Core Viewpoint - The Federal Reserve Bank of New York published a paper indicating that 90% of the costs from Trump's tariffs are borne by U.S. consumers and companies, contradicting the White House's stance that foreign exporters are responsible for these costs [1][3]. Group 1: Economic Analysis - The paper's findings suggest that foreign exporters are not absorbing tariff costs but are instead passing them on to American buyers [2][3]. - The National Economic Council director criticized the paper for its narrow focus on prices, arguing that it overlooked wage growth and benefits from onshoring [3]. Group 2: Public and Political Reaction - The comments from the National Economic Council director sparked a strong online reaction, with some commentators labeling the Trump economic team as divided and lacking credibility [4]. - The Tax Foundation estimated that tariffs would cost the average U.S. household $1,000 by 2025, aligning with the consensus that import taxes are primarily borne by domestic consumers [4]. Group 3: Market Predictions - Prediction markets indicate a 26% chance that the Supreme Court will rule in favor of Trump's tariffs, which could lead to refunds exceeding $130 billion and impact American trade policy [5]. - A separate market estimates an 18% chance that importers will receive refunds, suggesting limited expectations for consumer reimbursement even if the court rules against the tariffs [6]. Group 4: Retail Sector Insights - Traders are closely monitoring Walmart's upcoming earnings report for any commentary on tariffs, as the retailer has reached a record customer penetration of 72% of U.S. households, indicating a shift towards budget-conscious shopping [6].

Core Viewpoint - Walmart is expected to report strong fourth-quarter earnings, with revenue projected at $189.18 billion, an increase from $180.55 billion in the same quarter last year, and earnings per share anticipated to rise to 73 cents from 66 cents [2][3]. Earnings Estimates - Analysts predict Walmart's fourth-quarter revenue will be $189.18 billion, marking a year-over-year increase of approximately 4.5% [2]. - The expected earnings per share for the fourth quarter is 73 cents, up from 66 cents in the previous year [2]. Analyst Insights - Walmart has consistently exceeded revenue estimates for over 15 consecutive quarters and earnings estimates in seven of the last eight quarters [2][3]. - Market experts suggest that while Walmart's stock may perform well post-earnings, it may not sustain a rally due to high expectations already priced into the stock [4]. - Walmart's price-to-earnings ratio is noted to be 46, higher than most of the "Magnificent Seven" stocks, indicating a premium valuation [5]. CEO Transition - The upcoming earnings report will be the first under new CEO John Furner, with expectations of continued market share gains and stable comparable sales growth in the 4%-5% range [6]. Recent Performance - Walmart has shown consistent U.S. comparable sales growth in the range of 4.5%-4.8% over the last four quarters [7]. - The company's international sales have also seen a year-over-year increase of 10.8% [8]. Key Items to Watch - Investors are keen to see how consumer spending trends are reflected in the earnings report, particularly whether there is a shift from name-brand to private-label products [8]. - Strong growth in both U.S. and international segments, along with positive guidance for the next fiscal year, is anticipated to impact major stock market indexes and consumer staple ETFs significantly [9]. Stock Performance - As of the latest report, Walmart's stock is trading at $128.63, down 0.2%, with a year-to-date increase of 14.1% and a 52-week increase of 23.9% [11].

Core Insights - The upcoming earnings releases from major Retail-Wholesale players are expected to shape near-term market sentiment, with modest growth anticipated in sales and earnings following the holiday shopping season [1] - The sector is projected to achieve fourth-quarter revenue growth of 6.7% year over year, while earnings are expected to rise by 3.5%, indicating a slowdown from previous growth rates [2] Group 1: Earnings Trends - Consumer spending trends significantly influenced retail performance during the holiday season, with December retail sales unchanged month over month, reflecting a slowdown from November's 0.6% gain [4] - Year-over-year retail sales increased by 2.4% in December and 3.3% in November, indicating some resilience despite the month-over-month stagnation [4] - The slowdown in consumer spending is attributed to moderating job growth, policy uncertainty, and elevated household cost pressures, leading consumers to prioritize essentials and seek discounts [5] Group 2: Margin Pressures - Inflation trends, although moderating, continue to impact consumer budgets and retailers' cost structures, exerting pressure on margins for those unable to pass on higher costs [6] - Retailers with strong pricing power and efficient supply-chain management are better positioned to protect profitability amid these challenges [6] Group 3: E-commerce and Inventory Management - E-commerce and omnichannel execution are critical differentiators, with retailers that integrate digital and physical channels effectively capturing demand during peak shopping periods [7] - Inventory discipline is vital for profitability, with retailers using advanced analytics to align stock levels with demand, thus avoiding excessive markdowns [8] Group 4: Company-Specific Insights - **Dollar General**: Positioned well with a Zacks Rank 2 and an Earnings ESP of +16.26%, supported by market share gains and strategic initiatives like "Project Elevate" [10][11] - **Walmart**: Holds a Zacks Rank 3 and an Earnings ESP of +1.31%, leveraging e-commerce momentum and a commitment to low prices, with a stable earnings estimate suggesting a 10.6% year-over-year increase [14][15] - **Home Depot**: Also a Zacks Rank 3 with an Earnings ESP of +5.61%, focusing on professional contractors and utilizing AI tools to enhance project planning [16][17] - **Dollar Tree**: With a Zacks Rank 3 and an Earnings ESP of +1.63%, the company is enhancing its value proposition and operational discipline following the decision to move forward without the Family Dollar brand [18][19][20]

The MAG 7 stocks are done reporting except for Nvidia, but earning season is rolling on and we have a bunch of prominent names reporting this week and I picked out five as I always do. Now, the interesting thing about these stocks and I'm going to just list them out up front this video. They are Carvana, Walmart, Deer, Quanta Services, and Newmont.So quite an interesting collection of names this week that you should be watching. But the interesting thing about them is that the best performers year to date o ...