Core Insights - Walmart Inc. reported a decline in profit for the fourth quarter, leading to a more than 3% drop in shares during pre-market trading [1] - The company announced a new share repurchase program of up to $30 billion [1] Financial Performance - In the fourth quarter, net income decreased to $4.237 billion, or $0.53 per share, down from $5.254 billion, or $0.65 per share, a year earlier, primarily due to $2.117 billion in losses on equity and other investments [3] - Adjusted earnings were reported at $0.74 per share when excluding certain items [3] - Operating income increased to $8.708 billion from $7.859 billion a year earlier [3] - Revenue for the fourth quarter grew by 5.6% to $188.913 billion from $178.830 billion in the previous year [4] Future Outlook - For the first quarter of fiscal 2027, Walmart expects net sales to increase by 3.5% to 4.5% from $164 billion reported in the same period of fiscal 2026 [2] - Adjusted earnings per share for the first quarter are projected to be in the range of $0.63 to $0.65, compared to $0.61 a year earlier [2] - For fiscal 2027, Walmart forecasts net sales growth of 3.5% to 4.5% from $706.4 billion in fiscal 2026, with adjusted EPS expected between $2.75 and $2.85, up from $2.64 in 2026 [2] Dividend Announcement - The Board approved an annual dividend of $0.99 per share for fiscal year 2027, which is a 5% increase from $0.94 per share last year, to be paid in four quarterly installments of $0.2475 per share [4]