The world’s largest retailer Walmart is rather careful into the new financial year. So the growth should weaken, the company said on Thursday in Bentonville/Arkansas.
The net proceeds are expected to increase by three to four percent in 2025/26 (at the end of January). In the adjusted result per share, Walmart has 2.50 to $ 2.60 on the piece of paper. In the worst case, this would mean a slight decline. Although the retailer is known for his conservative forecasts, analysts had hoped for more. The stock lost around 9 percent pre -exchanged.
In the past financial year, net sales rose five percent to $ 674.5 billion (a good 646 billion euros). The bottom line was that Walmart earned $ 19.4 billion around a quarter more than in the previous year. The adjusted result per share rose by around 13 percent to $ 2.51. The company thus exceeded its own profit goals raised several times over the course of the year.
Walmart, known for its low prices, has been benefiting from the fact that many consumers are concentrating on the bare essentials because of the high inflation.