Walmart — Aug 20, 2026 release
Fiscal 2027 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000104169-26-000145
Showing in the filing
Net sales (cc)
“Increase 4.0% to 5.0%”
Period
FY2027
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 18
Net sales growth for FY2027
“4.0% to 5.0%”
Adjusted operating income growth for FY2027
“7.0% to 8.5%”
Adj. EPS for FY2027
“$2.80 to $2.87”
Adjusted EPS for FY2027
“$2.80 to $2.87”
Net sales growth for Q3 FY2027
“3.0% to 3.75%”
Adjusted operating income growth for Q3 FY2027
“2.0% to 4.0%”
Adjusted EPS for Q3 FY2027
“$0.62 to $0.64”
Net sales (cc) for FY2026
“Increase 3.5% to 4.5%”
Net sales (cc) for FY2027
“Increase 4.0% to 5.0%”
Adj. operating income (cc) for FY2026
“Increase 6.0% to 8.0%”
Adj. operating income (cc) for FY2027
“Increase 7.0% to 8.5%”
Adj. Interest, net for FY2027
“Increase approximately $200M to $300M”
Adj. Interest, net for FY2026
“Increase approximately $200M to $300M”
Effective tax rate for FY2027
“Approximately 23.5% to 24.5%”
Effective tax rate for FY2026
“Approximately 23.5% to 24.5%”
Adj. EPS for FY2026
“$2.75 to $2.85”
Capital expenditures for FY2026
“Approximately 3.5% of net sales”
Capital expenditures for FY2027
“Approximately 4.0% of net sales”
Exhibit 99.1 · the passage around this item
… earlier in the release
Consolidated metric Q3 FY27 Net sales (cc) Increase 3.0% to 3.75% Operating income (cc) Increase 2.0% to 4.0% Adjusted EPS $0.62 to $0.64 Fiscal year 2027 The Company’s fiscal year guidance is based on the following FY26 figures: Net sales: $706.4 billion, adjusted operating income 1 : $31.0 billion, and adjusted EPS 1 : $2.64. Consolidated metric Original from 2.19.2026 As of 5.21.2026 As of 8.20.2026 Net sales (cc) Increase 3.5% to 4.5% Unchanged Increase 4.0% to 5.0% Adj. operating income (cc) Increase 6.0% to 8.0% Unchanged Increase 7.0% to 8.5% Adj. Interest, net 2 Increase approximately $200M to $300M Unchanged Unchanged Effective tax rate Approximately 23.5% to 24.5% Unchanged Unchanged Adj. EPS $2.75 to $2.85 Unchanged $2.80 to $2.87 Capital expenditures Approximately 3.5% of net sales Unchanged Approximately 4.0% of net sales 1 For relevant non-GAAP reconciliations, see Q3 FY26 and Q4 FY26 earnings release furnished on Form 8-K on November 20, 2025 and February 19, 2026, respectively. 2 See additional information at the end of this release regarding non-GAAP financial measures. cc - constant currency 5 About Walmart Walmart Inc. (Nasdaq: 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 280 million customers and members visit more than 10,900 stores and numerous eCommerce websites in 19 countries. With fiscal year 2026 revenue of $713 billion, Walmart employs approximately 2.1 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy, and empl
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.