HighGravityDataWalmart — Aug 21, 2025 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000104169-25-000120
Showing in the filing
Net sales (cc)
“3.75% to 4.75%”
Period
Q3 FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 14
Operating income (cc) for Q3 FY2026
“3.0% to 6.0%”
Net sales (cc) for Q3 FY2026
“3.75% to 4.75%”
Net sales growth for FY2026
“3.75% to 4.75%”
Adjusted EPS for FY2026
“$2.52 to $2.62, including $0.02 to $0.03 headwind from currency”
Net sales (cc) for FY2025
“Increase 3.75% to 4.75%”
Adjusted EPS for Q3 FY2026
“$0.58 to $0.60”
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”
Adjusted operating income for FY2026
“3.5% to 5.5%”
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%”
Non-controlling interest for FY2026
“Relatively flat”
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
Looking ahead, the Company issues guidance for the third quarter with net sales expected to increase 3.75% to 4.75% and operating income to increase 3.0% to 6.0%, both in constant currency (“cc”). 1 The Company raises outlook for net sales growth to 3.75% to 4.75% and adjusted EPS 1 to $2.52 to $2.62 for fiscal year 2026. Adjusted operating income 1 guidance remains unchanged from at 3.5% to 5.5%. The top-line momentum we have in our business comes from how we’re innovating and executing. Connecting with our customers and members through digital experiences is helping to drive our business, and the way we’re deploying AI will make these experiences even better. We’re people-led and tech-powered, and I love how our associates continue to drive change and results for our company.” Doug McMillon President and CEO, Walmart Second Quarter Highlights • Revenue of $177.4 billion, up 4.8%, or 5.6% (cc) 1 • Global eCommerce sales grew 25%, led by store-fulfilled pickup & delivery and marketplace • Global advertising business 3 grew 46%, including VIZIO; Walmart Connect in the U.S. up 31% • Membership and other income up 5.4%, including 15.3% growth in membership income globally • Gross margin rate up 4 bps, led by Walmart U.S. • Operating income decreased $0.7 billion, or 8.2%, affected by discrete legal & restructuring costs; adjusted up 0.4% (cc) 1 due to strong sales and continued execution on our financial framework; growth also affected ~560 bp
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.