HighGravityDataWalmart — May 15, 2025 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000104169-25-000069
Showing in the filing
Net sales (cc)
“3.5% to 4.5%”
Period
Q2 FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 12
Net sales (cc) for Q2 FY2026
“3.5% to 4.5%”
Net sales (cc) for FY2026
“Increase 3.0% to 4.0%”
Net sales (cc) for FY2025
“Increase 3.0% to 4.0% • Including approximately 20 bps headwind from lapping leap year • Including approximately 20 bps tailwind from acquisition of VIZIO”
Adj. operating income (cc) for FY2026
“Increase 3.5% to 5.5%”
Adj. operating income (cc) for FY2025
“Increase 3.5% to 5.5% • Including approximately 70 bps headwind from lapping leap year • Including approximately 80 bps headwind from acquisition of VIZIO”
Interest, net for FY2026
“Increase approximately $100M to $200M”
Interest, net for FY2025
“Increase approximately $100M to $200M”
Effective tax rate for FY2026
“Approximately 23.5% to 24.5%”
Effective tax rate for FY2025
“Approximately 23.5% to 24.5%”
Non-controlling interest for FY2026
“Relatively flat”
Adjusted EPS for FY2026
“$2.50 to $2.60, including approximately $0.05 headwind from currency”
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
executive vice president and chief financial officer. Second quarter The Company’s second quarter fiscal 2026 guidance is based on Q2 FY25 net sales of $167.8 billion. Consolidated metric Q2 FY26 Net sales (cc) Increase 3.5% to 4.5% • Including approximately 20 bps tailwind from acquisition of VIZIO Fiscal year 2026 The Company’s fiscal year guidance is based on the following FY25 figures: Net sales: $674.5 billion, adjusted operating income 1 : $29.5 billion, and adjusted EPS 1 : $2.51. Consolidated metric Original from 2.20.2025 As of 5.15.2025 Net sales (cc) Increase 3.0% to 4.0% • Including approximately 20 bps headwind from lapping leap year • Including approximately 20 bps tailwind from acquisition of VIZIO Unchanged Adj. operating income (cc) Increase 3.5% to 5.5% • Including approximately 70 bps headwind from lapping leap year • Including approximately 80 bps headwind from acquisition of VIZIO Unchanged Interest, net Increase approximately $100M to $200M Unchanged Effective tax rate Approximately 23.5% to 24.5% Unchanged Non-controlling interest Relatively flat Unchanged Adjusted EPS $2.50 to $2.60, including approximately $0.05 headwind from currency Unchanged Capital expenditures Approximately 3.0% to 3.5% of net sales Unchanged 1 For relevant non-GAAP reconciliations, see Q4 FY25 earnings release furnished on Form 8-K on February 20, 2025. cc - constant currency 5 About Walmart Walmart Inc. (NYSE:
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.