沃尔玛WALMART（WMT）2026财年第四季度及全年财务业绩演示报告「NYSE」（英文版）（36页）.pdf

1、WalmartQ4 FY26 Financial presentationFirst quarterThe Companys first quarter fiscal 2027 guidance is based on the following Q1 FY26 figures:Net sales:$164.0 billion,operating income:$7.1 billion,and adjusted EPS1:$0.61.Consolidated metricQ1 FY27Net sales(cc)Increase 3.5%to 4.5%Operating income(cc)In

2、crease 4.0%to 6.0%Adjusted EPS$0.63 to$0.65Fiscal year 2027The Companys fiscal year guidance is based on the following FY26 figures:Net sales:$706.4 billion,adjusted operating income2:$31.0 billion,and adjusted EPS2:$2.64.Consolidated metricFY27Net sales(cc)Increase 3.5%to 4.5%Adj.operating income(c

3、c)Increase 6.0%to 8.0%Interest,netIncrease approximately$200M to$300MEffective tax rateApproximately 23.5%to 24.5%Adjusted EPS$2.75 to$2.85Capital expendituresApproximately 3.5%of net sales1 For relevant non-GAAP reconciliations,see Q1 FY26 earnings release furnished on Form 8-K on May 15,2025.2See

4、additional information at the end of this presentation regarding non-GAAP financial measures.cc=constant currencyGuidance2The following forward-looking statements reflect the Companys expectations as of February 19,2026,and are subject to substantial uncertainty.The Companys results may be materiall

5、y affected by many factors,such as fluctuations in foreign currency exchange rates,changes in global economic and geopolitical conditions,tariff and trade policies,customer demand and spending,inflation,interest rates,world events,and the various other factors detailed in this presentation.Additiona

6、lly,guidance is provided on a non-GAAP basis as the Company cannot predict certain elements that are included in reported GAAP results,such as the changes in fair value of the Companys equity and other investments.Growth rates reflect an adjusted basis for prior year results.Total revenues(cc)1$189.