Overview
- The retailer beat third-quarter expectations with $179.5 billion in revenue, about 4.5% comparable sales growth, and roughly 27% e-commerce expansion.
- Full-year guidance now calls for 4.8%–5.1% sales growth and adjusted EPS of $2.58–$2.63.
- Walmart will transfer its common stock to the Nasdaq Global Select Market on December 9 while retaining the WMT ticker, and it plans to shift nine corporate bonds as well.
- Shares climbed roughly 6% following the results and listing announcement, posting their best day since August 2024.
- Management ties recent gains to AI and automation initiatives, and the company says John Furner will become CEO on February 1, 2026 after Doug McMillon's retirement.