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
Effective tax rate
“Approximately 23.5% to 24.5%”
Period
FY2026
Measure
GAAP-tied
Source
Guidance table
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
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: WMT) is a people-led, tech-powered omnichannel retailer helping people save money and live better - anytime and anywhere - in stores, online, and through their mobile devices. Each week, approximately 270 million customers and members visit more than 10,750 stores and numerous eCommerce websites in 19 countries. With fiscal year 2025 revenue of $681 billion, Walmart employs approximately 2.1 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy, and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com, on Facebook at facebook.com/walmart, on X (formerly known as Twitter) at twitter.com/walmart, and on LinkedIn at linkedin.com/company/walmart. Investor Relations contact: Steph Wissink – i
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.