The retail giant’s total revenues increased to $190.6 billion in the January quarter from $180.6 billion in the comparable period last year. Net sales rose 5.6% to $188.9 billion. Comparable store sales, with fuel, rose 4.6% for the company’s US business.
Earnings, on an adjusted basis, increased to $0.74 per share in Q4 from $0.66 per share in the year-ago quarter, exceeding expectations. Net income attributable to the company was $4.24 billion or $0.53 per share in the fourth quarter, compared to $5.25 billion or $0.65 per share in Q4 2025.
“The pace of change in retail is accelerating. It’s exciting. And our financial results show that we’re not only embracing this change, we’re leading it. For our customers and members, the future is fast, convenient, and personalized,” said John Furner, president and CEO, Walmart.
For the first quarter of fiscal 2027, management expects net sales, in constant currency, to grow 3.5% to 4.5% year-over-year. It is looking for Q1 adjusted earnings in the range of $0.63 per share to $0.65 per share.
For fiscal 2027, the company expects net sales to grow between 3.5% and 4.5% and adjusted operating income to increase 6.0-8.0%, both in constant currency. The forecast for full-year adjusted earnings per share is between $2.75 and $2.85.