HighGravityDataWalmart — Feb 20, 2025 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000104169-25-000010
Showing in the filing
Annual dividend
“13% to $0.94 per share”
Period
FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 12
Net sales (cc) for FY2026
“3% to 4%”
Annual dividend for FY2025
“13% to $0.94 per share”
Net sales (cc) for Q1 FY2026
“Increase 3.0% to 4.0% • Including approximately 100 bps headwind from lapping leap year • Including approximately 15 bps tailwind from acquisition of VIZIO”
Adj. operating income (cc) for Q1 FY2026
“Increase 0.5% to 2.0% • Including approximately 250 bps headwind from lapping leap year • Including approximately 70 bps headwind from acquisition of VIZIO”
Adjusted EPS for Q1 FY2026
“$0.57 to $0.58, including approximately $0.02 headwind from currency”
Adj. operating income (cc) for FY2026
“Increase 3.5% to 5.5% • Including approximately 70 bps headwind from lapping leap year • Including approximately 80 bps headwind from acquisition of VIZIO”
Adjusted operating income (cc) for FY2026
“3.5% to 5.5%”
Interest, net for FY2026
“Increase approximately $100M to $200M”
Effective tax rate for FY2026
“Approximately 23.5% to 24.5%”
Non-controlling interest for FY2026
“Relatively flat”
Adjusted EPS for FY2026
“$2.50 to $2.60, incl”
Capital expenditures for FY2026
“Approximately 3.0% to 3.5% of net sales”
Exhibit 99.1 · the passage around this item
… earlier in the release
• Adjusted EPS 1 of $0.66 excludes the effect, net of tax, from a net loss of $0.02 on equity and other investments as well as $0.01 from the proceeds of an opioid-related legal settlement • Completed acquisition of VIZIO Full Year Highlights • Revenue of $681.0 billion, up 5.1%, or 5.6% (cc) 1 • Global advertising business 3 grew 27% to reach $4.4 billion • Operating income up $2.3 billion or 8.6%; adjusted up 9.7% (cc) 1 , growing faster than sales • ROA at 7.9%; ROI at 15.5% 1 , up 50 bps • Global inventory up 2.8%, including an increase of 3.0% for Walmart U.S.; in-stock levels healthy • Company raises dividend 13% to $0.94 per share; largest increase in over a decade 1 See additional information at the end of this release regarding non-GAAP financial measures. 2 Comp sales for the 14-week period ended January 31, 2025 compared to the 14-week period ended February 02, 2024, and excludes fuel. See Supplemental Financial Information for additional information. 3 Our global advertising business is recorded in either net sales or as a reduction to cost of sales, depending on the nature of the advertising arrangement. “cc” - constant currency Key Financial Metrics Dollars in billions, except per share data. Dollar and percentage changes may not recalculate due to rounding. Charts may not be to scale. Balance Sheet and Liquidity • Cash and cash equivalents of $9.0 billion • Total debt of $45.8 billion 3 • Operating cash flow for FY25 of $36.4 billion, an increase of $0.7 billion • Free cash flow of $12.7 billion 1 , a decrease of $2.5 billion • Repurchased 61.9 million shares in FY25, or $4.5 billion 4 • Inventory of $56.4 billion, an increase of $1.5 billion, or 2.8% 1 See additional information at the end of this release regarding non-GAAP financial measures. 2 Comparison period per-share amounts have been retroac
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.