Walmart's stock rose 1.5% on February 23, 2026. The company reported a fiscal Q4 2026 earnings beat with revenue growth of 4.9% in constant currency and adjusted operating income increasing 10.5%. CEO John Furner announced that all three business segments delivered profit growth exceeding sales growth. The company reported strong 24% ecommerce growth and disciplined inventory management with inventory up only 2.6%, about half the pace of sales growth. Walmart also announced a new 30 billion dollar share repurchase plan and a dividend increase. The company is continuing supply chain automation, with 23 of 42 regional distribution centers being retrofitted. Capital investments in supply chain are expected to peak in the current and next fiscal year. Telsey Advisory raised its price target to 140 dollars from 135 dollars and reiterated an Outperform rating.
Read full analysisWalmart's stock rose 1.5% on February 23, 2026. The company reported a fiscal Q4 2026 earnings beat with revenue growth of 4.9% in constant currency and adjusted operating income increasing 10.5%. CEO John Furner announced that all three business segments delivered profit growth exceeding sales growth. The company reported strong 24% ecommerce growth and disciplined inventory management with inventory up only 2.6%, about half the pace of sales growth. Walmart also announced a new 30 billion dollar share repurchase plan and a dividend increase. The company is continuing supply chain automation, with 23 of 42 regional distribution centers being retrofitted. Capital investments in supply chain are expected to peak in the current and next fiscal year. Telsey Advisory raised its price target to 140 dollars from 135 dollars and reiterated an Outperform rating.
Walmart is the world's largest retailer by store count, operating over 10,000 locations globally, though Amazon recently surpassed it in annual revenue. Under new CEO John Furner, the company is investing heavily in supply chain automation and AI tools like its Sparky shopping assistant, which drives 35% higher basket sizes among users. The stock trades at roughly 42x forward earnings after Q4 results showed 4.6% U.S. comp sales growth and 24% e-commerce growth, with the post-earnings debate centered on whether cautious FY27 guidance justifies the premium valuation.