Walmart Inc.
Walmart Reports Third-Quarter Financial Results and Outlook, Announces Transfer to Nasdaq
Summary
Walmart Inc. announced its third-quarter financial results, showing a 5.8% revenue growth and a 6.0% increase in constant currency. The company reported GAAP EPS of $0.77 and adjusted EPS of $0.62. Operating income decreased slightly by 0.2%, but adjusted operating income (excluding certain charges) increased by 8.0% in constant currency. Walmart also raised its outlook for fiscal year 2026, expecting net sales growth of 4.8% to 5.1% and adjusted operating income growth of 4.8% to 5.5%, both in constant currency. Additionally, the company disclosed its intention to transfer its stock listing from the NYSE to Nasdaq.
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About Walmart Inc.
Walmart Inc., a multinational retail corporation, operates a chain of hypermarkets, discount department stores, and grocery stores. Founded in 1962 and headquartered in Bentonville, Arkansas, Walmart is one of the world's largest companies by revenue, serving millions of customers globally each week. The primary function of Walmart is to provide a wide array of goods at competitive prices, ranging from groceries and apparel to electronics and home goods. With a diverse selection of products, Walmart caters to the needs of various demographics, including individual consumers and families. Renowned for its logistics and supply chain efficiencies, Walmart has played a pivotal role in shaping retail industry standards. The company’s innovations in inventory management and procurement have significantly impacted sectors such as logistics, agriculture, and manufacturing. Through its extensive network of retail locations and e-commerce platforms, Walmart has continuously influenced consumer buying habits and retail operations. By maintaining a focus on cost leadership and customer-centric strategies, Walmart holds a significant position in the global retail market.
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