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Bill Gates pulls out of India's AI summit over Epstein files controversy

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Hormel to sell whole-bird turkey business

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Hormel to sell whole-bird turkey business

Part of focus to reduce exposure “to more volatile, commodity-driven businesses.”

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Super Micro Computer: Margins May Expand This Year (Rating Upgrade)

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Super Micro Computer: Margins May Expand This Year (Rating Upgrade)

Super Micro Computer: Margins May Expand This Year (Rating Upgrade)

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Walmart (WMT) Q4 2026 earnings

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Walmart (WMT) Q4 2026 earnings

Walmart said on Thursday that holiday-quarter sales rose nearly 6% and its quarterly earnings and revenue surpassed Wall Street’s expectations as gains in e-commerce, advertising and its third-party marketplace boosted its business.

For the full current fiscal year, Walmart said it expects net sales to increase by 3.5% to 4.5% and adjusted earnings per share to range from $2.75 to $2.85. That earnings outlook fell short of Wall Street’s expectations of $2.96 per share, according to LSEG. 

In an interview with CNBC, Chief Financial Officer John David Rainey said speedy deliveries from stores are helping Walmart attract more shoppers, particularly those with higher incomes. 

“Our ability to serve customers at the scale that we have, combined with the speed that we now have, is really translating into continued market share gains,” he said.

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He said the company’s market share gains cut across all incomes, but were larger among upper-income households. For example, with fashion, a category that grew by a mid-single digit percentage in the fourth quarter, almost all of that increase came from households with an annual income over $100,000, he said.

In the coming months, Rainey said he expects price increases from inflation and President Donald Trump‘s tariff hikes to ease. Food inflation at Walmart in the fourth quarter was just above 1%, while it was slightly higher for general merchandise, he said.

“It seems to be a little bit more of a normalized price environment,” he said. “I think we have, largely as a retail industry, absorbed or seen the brunt of the impact from tariffs.”

While that comment is welcome news to many U.S. shoppers who buy at the country’s largest grocer, it may be too early to say what pricing trends at the retailer mean for the rest of the economy. Though Walmart is viewed as a key barometer for the wider retail industry, it traditionally has had more power than its competitors to keep prices low in part because of its scale.

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Here is what the big-box retailer reported for the fiscal fourth quarter compared with Wall Street’s estimates, according to a survey of analysts by LSEG:

  • Earnings per share: 74 cents adjusted vs. 73 cents expected
  • Revenue:  $190.66 billion vs. $190.43 billion expected

Shares of Walmart were slightly positive early on Thursday, after falling in premarket trading.

Yet as of Wednesday’s close, shares of the company have climbed about 22% over the past year and about 14% so far this year. That’s outpaced the S&P 500′s 12% gains over the past year and less than 1% gains year to date.

Walmart’s results Thursday also show an inflection point in the industry. For the first time, Amazon topped Walmart as the largest retailer by annual revenue, as the company posted $716.9 billion in sales for its most recent fiscal year compared with $713.2 billion for Walmart.

The companies aren’t an exact comparison, as Amazon gets a sizeable piece of its revenue from cloud computing and other tech services. Yet it underscores the competition between the two rivals, particularly as Walmart follows a similar playbook by growing revenue streams outside of brick-and-mortar retail, like from ads and its marketplace.

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In the three-month period that ended Jan. 31, Walmart’s net income decreased to $4.24 billion, or 53 cents per share, compared to $5.25 billion, or 65 cents per share, in the year-ago period.

Excluding one-time items like investment gains and losses, legal settlements and business reorganization, Walmart’s adjusted earnings per share were 74 cents.

Revenue rose from $180.55 billion in the year-ago quarter. 

Comparable sales jumped 4.6% for Walmart’s U.S. business and 4% for Sam’s Club in the fourth quarter, excluding fuel, compared with the year-ago period. The industry metric, also called same-store sales, includes sales from stores and clubs open for at least a year.

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Walmart’s e-commerce sales in the U.S. rose 27% compared with the year-ago period, fueled by store-fulfilled pickup and delivery of online orders,, along with the retailer’s third-party marketplace. That marked the company’s 15th straight quarter of double-digit digital gains. Global e-commerce sales increased 24% year over year.

For the company’s U.S. business, e-commerce accounted for 23% of sales – a record high for Walmart. The digital growth in the quarter included an approximately 50% gain in store-fulfilled deliveries and a roughly 41% increase in sales from Walmart Connect, its advertising business, the company said.

While Walmart is gaining ground, its growth is not evenly distributed across income groups.

In the interview with CNBC, Rainey said the company does “see some pressure on the lowest income cohort.” He said Walmart has tracked year-over-year spending trends by income group. Like in the prior quarter, he said it saw that spending among the highest earners compared to lower-income groups “had gapped out a little bit.”

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The trend he described reflects what some economists have called the “K-shaped economy.”

Walmart’s quarterly report marked the first under its new CEO John Furner. Furner, the former Walmart U.S. CEO and a more than three-decade company veteran, succeeded Doug McMillon as Walmart’s top executive on Feb. 1.

Investors largely expect Furner to focus on similar priorities as his predecessor McMillon, such as increasing Walmart’s online business, attracting more customers across incomes and ramping up higher-margin businesses like its third-party marketplace and advertising.

Along with getting a new CEO, Walmart has hit other milestones lately. Its stock switched to the tech-heavy Nasdaq in December and its market value hit $1 trillion earlier this month.

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Along with its results Thursday, Walmart also announced a new $30 billion share repurchase authorization, replacing a $20 billion buyback program approved in 2022.

As of Wednesday’s close, shares of the company have climbed about 22% over the past year and about 14% so far this year. That’s outpaced the S&P 500′s 12% gains over the past year and less than 1% gains year to date.

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Walmart sales rise 5.6% as online reaches record 23% share

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Walmart sales rise 5.6% as online reaches record 23% share

Walmart posted solid fourth-quarter results Thursday as shoppers continued prioritizing value and convenience, helping push online sales to a record share of the retailer’s business.

The company reported fiscal fourth-quarter revenue of $190.7 billion, up 5.6% from a year earlier. U.S. comparable sales rose 4.6%, driven by a 2.6% increase in transactions and a 2% increase in the average amount shoppers spent per visit.

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Grocery prices were up just 0.6% from a year earlier, with some categories – including eggs and dairy – seeing price declines.

AMAZON PHARMACY TO EXPAND SAME-DAY PRESCRIPTION DELIVERY TO 4,500 US CITIES

People shopping in Walmart.

The company reported fiscal fourth-quarter revenue of $190.7 billion. (Gabby Jones/Getty Images)

Global e-commerce sales climbed 24% in the quarter, including a 27% increase in the U.S., where online now accounts for 23% of total sales — the highest level in company history. 

Growth was fueled in part by roughly 50% growth in store-fulfilled delivery, as Walmart expanded faster-delivery options that now reach the vast majority of U.S. households within hours.

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Outside of a Walmart

Walmart’s profits grew faster than overall sales in the quarter.  (Joe Raedle/Getty Images)

The retailer said it continued to gain market share across income tiers, including higher-income households – a sign that its pricing and convenience strategy is resonating beyond budget-conscious shoppers.

Ticker Security Last Change Change %
WMT WALMART INC. 126.62 -2.23 -1.73%

CHINESE-MADE TEETHING TOYS SOLD ON AMAZON RECALLED OVER FATAL CHOKING RISK

Profits grew faster than overall sales in the quarter. Adjusted operating income rose about 10%, compared with roughly 5% sales growth. The gains were driven by higher-margin businesses, including advertising and membership programs. Advertising revenue climbed 37% globally, including 41% growth for Walmart Connect in the U.S., while membership fee income increased more than 15%. Together, advertising and membership fees accounted for nearly one-third of operating income in the quarter.

Workers stand in an aisle at an Ohio Walmart store.

Walmart expects sales to rise 3.5% to 4.5% in the full current fiscal year. (Brian Kaiser/Bloomberg via Getty Images)

Inventory growth remained below the pace of sales growth, reflecting continued supply chain discipline.

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Looking ahead, Walmart expects sales to rise 3.5% to 4.5% in the full current fiscal year, with operating profit projected to increase 6% to 8%.

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The results suggest U.S. consumers remain resilient, even as they stay value-focused, while Walmart’s investments in digital services, faster delivery and higher-margin revenue streams continue to strengthen its competitive position.

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Inside PepsiCo’s innovation strategy

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Inside PepsiCo’s innovation strategy

Fiber, hydration and whole grains identified as keys to new product growth. 

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Integer Hld earnings beat by $0.06, revenue topped estimates

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Integer Hld earnings beat by $0.06, revenue topped estimates

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Amentum to relocate headquarters to Reston, Virginia in 2027

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Amentum to relocate headquarters to Reston, Virginia in 2027

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FX Market Awaits North American Leadership

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FX Market Awaits North American Leadership

Various international banknotes roll in the world for currency exchange and transfer of forex concept.

Dilok Klaisataporn/iStock via Getty Images

The North American market took the dollar (DXY) lower on Tuesday, and there was little follow-through selling. Yesterday, the dollar was bid in North America, and rather than resist, European more than Asia-Pacific operators have extended the greenback’s

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‘Pulp Fiction’ Actor Peter Greene Died From Accidental Gunshot Wound

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Peter Greene

Veteran character actor Peter Greene, best known for his chilling portrayal of the sadistic pawn shop owner Zed in Quentin Tarantino’s 1994 masterpiece Pulp Fiction, died from an accidental self-inflicted gunshot wound, the New York City Office of Chief Medical Examiner confirmed Wednesday.

Peter Greene
Peter Greene

The medical examiner ruled Greene’s cause of death as a “gunshot wound of left axilla with injury of brachial artery,” classifying the manner as accidental. The axilla refers to the armpit, and the brachial artery is the major blood vessel supplying the upper arm, elbow, forearm and hand. The injury led to extensive, fatal bleeding.

Greene, 60, was found dead Dec. 12, 2025, inside his Lower East Side apartment in Manhattan following a wellness check prompted by a neighbor who reported music playing continuously overnight. Authorities discovered the scene with no signs of foul play at the time. The actor had been scheduled for surgery that same day to remove a benign tumor near his lung.

The revelation came more than two months after his death, as the medical examiner completed autopsy and toxicology reviews. No additional details about the circumstances—such as how the firearm was handled—have been released publicly.

Greene’s manager, Gregg Edwards, announced the initial news of his passing in December, describing him as a “talented actor” whose work left a lasting impact. Tributes from colleagues and fans highlighted his intense screen presence and versatility in villainous roles.

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Born Peter Green on May 10, 1965, in Montclair, New Jersey, he adopted the professional name Peter Greene to avoid confusion with another actor. He began his career in the late 1980s and early 1990s, appearing in independent films before breaking through with memorable supporting parts.

His role as Zed in Pulp Fiction—the menacing figure who, alongside accomplice Maynard, subjects Butch Coolidge (Bruce Willis) and Marsellus Wallace (Ving Rhames) to horrific ordeals—became one of the film’s most iconic and disturbing sequences. The performance cemented Greene’s reputation for portraying dangerous, unpredictable characters.

That same year, he played the villainous Dorian Tyrell in The Mask opposite Jim Carrey, a role that showcased his ability to blend menace with dark humor. Other notable credits include The Usual Suspects (1995), where he appeared as a key figure in the ensemble crime drama; Cleaner (2007) with Samuel L. Jackson; and television episodes of The Blacklist, Hawaii Five-0 and Law & Order.

Greene’s career spanned more than three decades, with over 80 film and TV credits. He often gravitated toward gritty, independent projects and was praised for his commitment to authentic, intense performances.

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Friends and industry insiders described Greene as private yet generous, with a deep passion for acting. He maintained a low public profile in recent years, focusing on select roles and personal health matters.

The accidental nature of his death has prompted renewed discussions about firearm safety, even in private settings. Accidental shootings remain a leading cause of preventable gun-related fatalities in the United States, according to public health data.

No public memorial service details have been announced. Greene is survived by family members, though they have not issued statements following the cause-of-death ruling.

His work continues to resonate with audiences. Pulp Fiction, celebrating its 30th anniversary in 2024, remains a cultural touchstone, and Greene’s Zed is frequently cited in discussions of Tarantino’s most unforgettable antagonists.

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Fans have taken to social media to share clips and memories. One post read, “Peter Greene’s Zed still gives me chills—RIP to a true scene-stealer.” Others expressed shock at the tragic circumstances.

As Hollywood mourns another loss from the 1990s era, Greene’s legacy endures through his powerful on-screen moments. Colleagues remember him as a dedicated professional whose intensity elevated every project.

The medical examiner’s findings close the investigation into his death, providing clarity after months of speculation. Authorities emphasized that the ruling underscores the importance of safe firearm handling.

Peter Greene’s contributions to cinema, particularly in defining memorable villains, ensure his place in film history.

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Wayfair Beats Earnings Estimates. Why the Stock Is Falling.

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Wayfair Beats Earnings Estimates. Why the Stock Is Falling.

Wayfair Beats Earnings Estimates. Why the Stock Is Falling.

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