Walmart Inc. forecast less growth in earnings this year than Wall Street was expecting, citing the need for flexibility in unpredictable times for consumers.

In his first quarter as CEO of Walmart, John Furner said, "The pace of change in retail is accelerating."

Walmart Inc. ( WMT) Q4 2026 Earnings Call February 19, 2026 8:00 AM EST I will now turn the conference over to Steph Wissink, Senior Vice President, Investor Relations. Thank you, Steph. You may begin. Welcome, everyone. Joining me today from our home office in Bentonville are CEO, John Furner; and CFO, John David Rainey.

The Board of Directors of Walmart Inc. (Nasdaq: WMT) approved an annual cash dividend for fiscal year 2027 of $0.99 per share. This represents a 5 percent increase from the $0.94 per share paid for the last fiscal year.

Walmart (WMT) stock fell ~9% Thursday after full-year EPS guidance of $2.75–$2.85 missed the $2.97 analyst estimate despite a Q4 sales beat.

The world's largest retailer posted revenue of $190.66 billion in the period, also surpassing Street forecasts. Eight analysts surveyed by Zacks expected $190.05 billion. Walmart expects full-year earnings in the range of $2.75 to $2.85 per share.

We recently published 17 Stocks Jim Cramer Talked About. Walmart Inc. (NASDAQ:WMT) is one of the stocks that Jim Cramer talked about. Mega retailer Walmart Inc. (NASDAQ:WMT)’s shares are up by 29% over the past year and by 18.

Walmart is expected to announce its 53rd consecutive annual dividend increase in late February. Learn more about the dividend increases here.

Walmart’s ad revenue in 2025 totaled $6.4 billion, per the company’s earnings report on Thursday.  That figure represents a 37% increase globally and 41% increase domestically for the Walmart Connect business,