Walmart Raises FY26 Outlook, Outgoing CEO Mcmillon Says Retailer Is Winning Market Share

2025-11-20 08:19:40

(MENAFN- AsiaNet News)

Walmart (WMT) outgoing CEO Doug McMillon said on Thursday that the retailer's e-commerce was a bright spot again during the third quarter and that the company was gaining market share.

“We're gaining market share, improving delivery speed, and managing inventory well. We're well-positioned for a strong finish to the year,” McMillon said in a statement.

The retailer now expects fiscal 2026 net sales to increase 4.8% to 5.1%, up from its prior forecast of a 3.75% to 4.75% rise. The company said it expects annual adjusted earnings per share to be between $2.58 and $2.63, compared with its previous expectation of $2.52 to $2.62.

Get updates to this developing story directly on Stocktwits.

For updates and corrections, email newsroom[at]stocktwits[dot]com.

MENAFN20112025007385015968ID1110373559

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.