沃尔玛WALMART（WMT）2026财年第三季度财务业绩演示报告「NYSE」（英文版）（37页）.pdf

1、Financial presentation to accompany management commentaryFY26 Q3Fiscal year 2026The Companys fiscal year guidance is based on the following FY25 figures:Net sales:$674.5 billion,adjusted operating income1:$29.5 billion,and adjusted EPS1:$2.51.Consolidated metricOriginal from 2.20.2025As of 8.21.2025

2、As of 11.20.25Net sales(cc)Increase 3.0%to 4.0%Including approximately 20 bps headwind from lapping leap yearIncluding approximately 20 bps tailwind from acquisition of VIZIOIncrease 3.75%to 4.75%Increase 4.8%to 5.1%Adj.operating income(cc)Increase 3.5%to 5.5%Including approximately 70 bps headwind

3、from lapping leap yearIncluding approximately 80 bps headwind from acquisition of VIZIOUnchangedIncrease 4.8%to 5.5%Interest,netIncrease approximately$100M to$200MUnchangedUnchangedEffective tax rateApproximately 23.5%to 24.5%UnchangedMid to low-end of prior rangeNon-controlling interestRelatively f

4、latUnchangedUnchangedAdjusted EPS$2.50 to$2.60,including approximately$0.05 headwind from currency$2.52 to$2.62,including$0.02 to$0.03 headwind from currency$2.58 to$2.63,including$0.01 to$0.02 headwind from currencyCapital expendituresApproximately 3.0%to 3.5%of net salesUnchangedApproximately 3.5%

5、1 For relevant non-GAAP reconciliations,see Q4 FY25 earnings release furnished on Form 8-K on February 20,2025.cc=constant currencyGuidance2The following forward-looking statements reflect the Companys expectations as of November 20,2025,and are subject to substantial uncertainty.The Companys result

6、s may be materially 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,expenses pertaining to general liability claims,for