Walmart (WMT)
NASDAQConsumer StaplesDiscount StoresSnapshot 2026-09-04
$107.14-1.18%
Close 2026-09-04 · 1-day change
NASDAQConsumer StaplesDiscount StoresSnapshot 2026-09-04
QuarterlyIQ Insights · WMT
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within consumer staples on a research-validated quality screen. As of 2026-09-04.
The screen ranks WMT against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Consumer Staples names rated strong grew net income 64% of the time over the next year (vs 53% for the rest of the cohort, n=2094).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue to grow eCommerce sales globally with focus on store-fulfilled pickup & delivery and marketplace expansion.
Stated as a priority in 6 of last 6 quarters. Global eCommerce sales grew consistently, with 23% growth in 2026-Q3 and 26% in 2026-Q2 and Q1, led by store-fulfilled pickup & delivery and marketplace. The trajectory is delivering sustained growth aligned with management's stated focus.
“Globally, eCommerce grew 23% with strength across segments.”
“Global eCommerce sales grew 26%, led by store-fulfilled pickup & delivery and marketplace.”
“Global eCommerce sales grew 26%, led by store-fulfilled pickup & delivery and marketplace.”
“Global eCommerce sales grew 24%, led by store-fulfilled pickup & delivery and marketplace.”
“Globally, eCommerce grew 27% with growth in each business segment of more than 20%.”
“Globally, eCommerce grew 25% with digital mix up across all segments.”
Focus on increasing operating income and adjusted operating income through sales growth, improved eCommerce economics, and expense management.
Stated as a priority in 6 of last 6 quarters. Operating income increased from approximately $7.5B in 2026-Q1 to $9.4B in 2026-Q3, with adjusted operating income growth consistently positive. The trajectory is delivering growth aligned with management's guidance and statements.
Grow the global advertising business with strength across segments and markets, including Walmart Connect and Flipkart Ads.
Stated as a priority in 6 of last 6 quarters. The global advertising business grew from 28% in 2025-Q3 to 38% in 2026-Q3, with strong contributions from Walmart U.S. and Flipkart Ads. The trajectory is delivering consistent double-digit growth as emphasized by management.
Continue disciplined capital expenditure management targeting approximately 4% of net sales for FY27.
Stated as a priority in 3 of last 3 quarters. Management consistently guided capital expenditures at approximately 4.0% of net sales for FY27. This reflects disciplined capital allocation with no deviation observed in the guidance.
“Capital expenditures ... Approximately 4.0% of net sales.”
Continue executing the share repurchase program authorized at $30 billion with ongoing repurchases.
Stated as a priority in 4 of last 4 quarters. Share repurchases have been ongoing with 42.3 million shares repurchased year-to-date for $5.1 billion as of 2026-Q3, consistent with the $30 billion authorization. The trajectory shows active execution of the repurchase program.
“Repurchased 42.3 million shares YTD, or $5.1 billion.”
Over the trailing year it converted 1.15x of net income into operating cash flow. Historically, Consumer Staples names rated neutral grew net income 52% of the time over the next year (vs 57% for the rest of the cohort, n=2083).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates (low R² over the window).
11 material management or governance events in the past 24 months, led by executive changes. Historically, Consumer Staples names rated neutral grew net income 51% of the time over the next year (vs 52% for the rest of the cohort, n=1251).
Not investment advice. As of 2026-09-04.
“Operating income growth of 28.8%, up 17.4% adjusted (cc).”
“Operating income up 10.8%, up 10.5% adjusted (cc).”
“Operating income up 5.0%, up 5.1% adjusted (cc).”
“Operating income up 8.3%, or 9.4% adjusted (cc).”
“Operating income up 8.2%, up 9.8% (cc).”
“Operating income decreased 8.2%, up 0.4% adjusted (cc).”
“Global advertising business up 38%, with strength across segments.”
“Global advertising business up 37%, with strength across segments.”
“Global advertising business up 36%, with strength across segments.”
“Global advertising business grew 37%, including VIZIO.”
“Global advertising business grew 28%, including 26% for Walmart Connect in the U.S.”
“Global advertising business grew 46%, including VIZIO.”
“Capital expenditures ... Approximately 4.0% of net sales.”
“Capital expenditures ... Approximately 4.0% of net sales.”
“Repurchased 16.6 million shares, or $2.1 billion.”
“Repurchased 16.6 million shares, or $2.1 billion.”
“Repurchased 85.0 million shares YTD, or $8.1 billion.”