WMT
Walmart Inc.115.42
-1.37-1.17%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '26
Sparky engages half of app users
Q&A largely reaffirmed prepared remarks on resilient growth and conservative FY27 guidance, but added color on agentic AI traction. Half of app users now engage with Sparky, driving 35% higher order values and better digital unit economics—still early days. Management doubled down on marketplace investments over near-term profitability, with 40%+ growth in categories like fashion; Walmart Fulfillment Services hit 52% seller penetration. eCommerce delivered double-digit incremental margins each quarter. New leaders voiced optimism scaling U.S. platforms globally. Confident tone persists; watch AI and international execution.
Key Stats
Market Cap
920.23BP/E (TTM)
40.36Basic EPS (TTM)
2.86Dividend Yield
0.01%Recent Filings
8-K
Execs adopt 10b5-1 sell plans
Walmart disclosed Rule 10b5-1 trading plans by three executives for routine diversification. McMillon will sell 19,416 shares monthly from June 2026 through January 2027, up to 155,328 shares total. Bartlett targets $15M in monthly $416,666.67 sales starting July 2026 through 2029, price threshold pending; Guggina plans to sell up to 21,108 net shares post-vesting in June 2026. All comply with ownership guidelines. No discretion allowed.
10-K
FY2026 results
Walmart posted FY2026 net sales of $706.4B, up 4.7% y/y, with consolidated operating income steady at $29.8B despite higher self-insured claims and PhonePe charges; Walmart U.S. drove gains with $483.0B sales (up 4.4% y/y, 4.3% comps) via grocery and omnichannel strength, while International sales hit $130.4B (up 7.0% y/y, offset by FX). Q4 momentum shone in U.S. comps fueled by traffic and eCommerce, yet margins compressed from mix shifts and costs. Free cash flow surged to $14.9B on operating cash gains, funding $8.1B buybacks and $7.5B dividends amid $38.2B debt. No annual guidance disclosed. Supply chain risks could stall quarterly momentum.
8-K
Q4 revenue up 5.6%, eComm soars
8-K
Walmart leadership reshuffle
Walmart tapped internal talent for key leadership shifts effective February 1, 2026: David Guggina to lead Walmart U.S., Christopher Nicholas to helm Walmart International after Kathryn McLay's April 30 departure, and Latriece Watkins to run Sam's Club U.S. New execs snag hefty packages—Guggina $975K base plus $8M equity target, Nicholas $1M base and $9M equity, Watkins $925K and $7M equity. Bench runs deep. Non-competes lock them in for two years post-exit.
8-K
Walmart adds tech exec Mehrotra
Walmart appointed Shishir Mehrotra, 46, CEO of Superhuman (formerly Grammarly) and ex-YouTube CPO/CTO, to its Board effective January 8, 2026. He joins the Compensation and Management Development Committee and Technology and eCommerce Committee. Mehrotra's tech scaling expertise bolsters Walmart's people-led, tech-powered strategy. Prorated director pay includes $230,000 annual stock award.
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