Why did Walmart beat expectations in Q4?

Online sales and retail media grew faster than stores, while fulfillment efficiency and conversion improved. Higher-income shoppers lifted baskets and adoption of delivery and marketplace. These factors offset price investments and promotions. Together, they supported revenue and margin quality, leading to a modest beat versus consensus during the holiday period.

What is Walmart’s FY27 guidance?

Management guided sales growth of 3.5% to 4.5% and EPS of US$2.75 to US$2.85, below the roughly US$2.96 that analysts expected. The outlook implies tighter margins given promos and wage costs, partly offset by growth in advertising, marketplace, and membership. Investors will watch how mix and efficiency help protect profitability.

How does the US$30B share buyback affect shareholders?

A large buyback reduces share count over time, which can lift EPS and support the stock during volatility. The impact depends on purchase timing and free cash flow. Combined with a dividend yield near 0.73%, it signals confidence in cash generation, provided growth businesses keep expanding margins and returns.

What should Singapore investors monitor next?

Watch gross margin guidance, retail media growth, and commentary on promotions and grocery pricing. Note the next earnings on 14 May 2026 at 20:00 SGT. Since WMT trades in US dollars, plan for FX risk in SGD returns. Track valuation versus growth in ads, marketplace, and membership.

Global Market Insights

WMT Stock Today: Holiday Beat, Cautious Outlook, $30B Buyback – February 20

ByHuzaifa Zahoor February 20, 2026February 20, 2026

Walmart outlook sits in focus after a strong holiday quarter powered by e-commerce and advertising, but tempered by a cautious FY27 guide. We review WMT through a Singapore lens, covering growth drivers, guidance, and what the US$30 billion buyback could mean. We also highlight valuation, analyst views, and practical watchpoints. With consumers trading smart and promotions rising, the Walmart outlook hinges on margins and traffic quality as we move into 2026.