Group 1 - Amazon has officially surpassed Walmart to become the highest revenue-generating company globally, with Amazon's sales reaching $717 billion for the fiscal year ending in January 2025, compared to Walmart's $713.2 billion for the same period [2] - Walmart reported a fourth-quarter revenue of $190.66 billion, slightly above the expected $190.58 billion, and an adjusted earnings per share of $0.74, which also exceeded the forecast of $0.73 [4] - Walmart's adjusted earnings per share guidance for the fiscal year 2027 is projected to be between $2.75 and $2.85, which is below market expectations of $2.97 [4] Group 2 - Following the news, Walmart's stock experienced fluctuations, initially dropping over 3% before recovering to a nearly 1% increase in pre-market trading [3]

格隆汇2月19日｜沃尔玛(WMT.US)盘初涨近3%，报130.1美元。消息面上，沃尔玛公布业绩显示，第四 季度营收1906.6亿美元，高于预期的1905.8亿美元；调整后每股收益0.74美元，高于预期的0.73美元。预 计第一季度调整后每股收益0.63美元-0.65美元；预计2027财年调整后每股收益2.75美元-2.85美元，低于 预期的2.97美元。沃尔玛还宣布新的300亿美元股票回购计划。 ...

Core Viewpoint - Walmart Inc. (NYSE:WMT) is recognized as a strong investment opportunity in the natural and organic food sector, with multiple analysts reaffirming Buy ratings and increasing price targets, indicating confidence in the company's growth potential driven by digital opportunities and AI advancements [1][2]. Group 1: Analyst Ratings and Price Targets - Telsey Advisory reaffirmed a Buy rating on Walmart and set a price target of $135.00 [1]. - Rothschild & Co Redburn raised their price target from $110 to $150 while maintaining a Buy rating, projecting a 14% annual earnings growth through 2028 [1]. - KeyBanc adjusted its price target from $128 to $145, keeping an Overweight rating, and highlighted Walmart's strong positioning in the current economic environment [2]. Group 2: Economic Context and Growth Drivers - Analysts noted mixed economic signals, including improved housing data and job growth, but also acknowledged challenges such as higher living costs and low consumer confidence [2]. - KeyBanc identified potential positive catalysts for consumer spending, including easier monetary policy and higher tax refunds, which could enhance spending in the near future [2]. Group 3: Company Overview - Walmart operates as an omnichannel retailer, offering a wide range of products including fresh and organic food, beverages, general merchandise, and electronics [3].

（文章来源：每日经济新闻） 每经AI快讯，2月19日，沃尔玛股价扭转盘前跌势，最新上涨约2%。 ...

Group 1 - Amazon has officially surpassed Walmart to become the highest-grossing company globally, with 2025 sales reaching $717 billion compared to Walmart's $713.2 billion for the 12 months ending January 31 [1] - Walmart's stock saw a pre-market increase of nearly 1%, after previously dropping over 3% [1] - Walmart's fourth-quarter revenue was $190.66 billion, slightly above the estimated $190.58 billion, with an adjusted earnings per share of $0.74, exceeding the forecast of $0.73 [3] Group 2 - Walmart's adjusted earnings per share for the first quarter are projected to be between $0.63 and $0.65, while for the fiscal year 2027, the expected range is $2.75 to $2.85, which is below market expectations of $2.97 [3]

Core Insights - Walmart's quarterly earnings slightly exceeded Wall Street estimates, marking the first report under new CEO John Furner [1] - The retailer's market capitalization recently surpassed $1 trillion for the first time [1] Financial Performance - Adjusted earnings per share for the fourth quarter of fiscal year 2026 were reported at $0.74, slightly above the forecast of $0.73 [1] - Revenue for the quarter increased by 5.6% to $190.7 billion, aligning closely with Wall Street's expectations of $190.6 billion [2] - For fiscal year 2026, Walmart's total revenue reached $715.9 billion, slightly above estimates, with adjusted earnings per share at $2.64, a cent higher than expected [3] Stock Performance - Walmart's shares rose by 1% in premarket trading and have increased over 13% year to date [4] Future Guidance - For the first quarter, Walmart anticipates revenue growth of 3.5-4.5% and adjusted earnings per share of $0.63-$0.65, which is below Wall Street's expectations of 5% growth and earnings of $0.69 [4] - For fiscal year 2027, the company expects revenue growth of 3.5%-4.5% and adjusted earnings of $2.75-$2.85, also conservative compared to Wall Street's forecast of nearly 5% growth and earnings of $2.97 [5] - CFO John David Rainey indicated a cautious approach due to an unstable economic backdrop, despite no significant changes in consumer behavior [5] Operational Highlights - Quarterly same-store sales in the US grew by 4.6%, surpassing estimates of 4.3%, driven by e-commerce strength and a 2.6% increase in transactions [6]

Walmart (WMT) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +1.37%. A quarter ago, it was expected that this world's largest retailer would post earnings of $0.61 per share when it actually produced earnings of $0.62, delivering a surprise of +1.64%.Over the last four quarters, the ...

Core Insights - Walmart's new CEO, John Furner, emphasizes a future that is fast, convenient, and personalized, reflecting the company's strategic direction [1] Financial Performance - For the quarter ending January 31, Walmart reported revenue of nearly $191 billion, a year-over-year increase of approximately 5.6% [2] - Operating income grew over 10% to nearly $9 billion, indicating strong performance in profitability [2] - Full-year results showed revenue growth of nearly 5%, adding $32 billion compared to the previous year [2] Competitive Landscape - Although Amazon has surpassed Walmart as the world's largest company by revenue, Walmart is focusing on profitability rather than just scale [3] - Walmart's strategy includes leveraging AI in retail to enhance its competitive position [3] eCommerce Growth - Global eCommerce sales increased by 24% in the fourth quarter, driven by store-fulfilled pickup and delivery services [4] - Comparable sales in the U.S. rose by 4.6%, with digital sales contributing approximately 520 basis points to this growth [4] - Walmart Connect's advertising sales surged by 41% in the U.S., contributing to a 37% increase in global ad revenue for the quarter [4] Future Outlook - Walmart's guidance for fiscal year 2027 indicates expectations for similar margin improvements, alongside a $30 billion share repurchase program [5] - The company is redefining its success metrics in the retail landscape, suggesting a transformative approach to its business model [5]

Market Sentiment and Premarket Activity - The U.S. stock market is experiencing a cautious start on February 19, 2026, with S&P 500 futures down approximately 0.33%, Nasdaq 100 futures down 0.36%, and Dow Jones Industrial Average futures down 0.36% as investors weigh technology optimism against geopolitical risks and retail earnings [1][2]. Major Market Indexes and Performance Trends - On February 18, 2026, the S&P 500 rose 0.56% to 6,881.31, the Nasdaq Composite increased by 0.78% to 22,753.63, and the Dow Jones Industrial Average saw a modest gain of 0.26%, driven by the "Magnificent Seven" and a recovery in the semiconductor sector [3]. Economic Data and Upcoming Events - Initial Jobless Claims for the week ending February 14 fell to 206,000, lower than the consensus estimate of 223,000, which may give the Federal Reserve more leeway to maintain a restrictive monetary policy [5]. - The market is anticipating the release of pending home sales data and the Personal Consumption Expenditures (PCE) price index on Friday, which is crucial for gauging inflation and could impact March policy expectations [6]. Corporate News and Stock Movers - Walmart is reporting its quarterly results, which are expected to influence consumer discretionary stocks, as it recently joined the $1 trillion market cap club [7]. - Nvidia gained 1.6% following a partnership with Meta Platforms, which will utilize Nvidia's GPUs for AI data centers, positively impacting other chipmakers like Micron, which surged over 5% [8]. - DoorDash shares rose 10% after reporting a 32% increase in total orders, while Carvana plummeted 24% due to a disappointing financial outlook despite beating revenue estimates [8]. Additional Company Movements - In premarket trading, Apple and Microsoft saw slight gains of 0.31% and 0.41% respectively, benefiting from the AI rally, while Tesla traded slightly lower by 0.11% amid regulatory considerations [11]. - Palo Alto Networks fell nearly 7% after providing a disappointing full-year profit outlook [11].

Group 1 - Amazon has officially surpassed Walmart to become the world's highest-grossing company for the year, with a revenue of $717 billion compared to Walmart's $713.2 billion, marking a difference of $3.8 billion [1] - Walmart has held the title of global revenue leader for over a decade, primarily driven by its extensive physical store network and "Everyday Low Prices" strategy [1] - Walmart's e-commerce business has recently become profitable as an independent segment, with global e-commerce sales maintaining double-digit growth [1] Group 2 - Amazon's revenue growth is attributed to its diversified business structure, including significant contributions from its cloud computing division AWS, which saw a 20% year-over-year increase in sales, reaching $128.7 billion [1] - The competition between the two giants is evolving, with Walmart partnering with Google to integrate AI into its shopping process and increasing investments in supply chain automation and store renovations [2] - Amazon plans to invest approximately $200 billion in capital expenditures by 2026, focusing on expanding AI infrastructure and data centers [2]