Walmart Inc. (WMT) Q4 2025 (USD): EPS 0.74 (exp. 0.73), Revenue 190.7bln (exp. 190.40bln); announces new USD 30bln share buyback and raises annual dividend 5% to USD 0.99/shr

• FY adj. EPS 2.75-2.85 (exp. 2.95).
• Q1 EPS 0.63-0.65 (exp. 0.68).

• Grocery inflation +60bps (vs. +130bps Q/Q).
• US inventory +2.9% (vs. +2.6% Y/Y).

• Consumer price increases from inflation and President Trump's tariff hikes should ease in coming months, according to CNBC interview.

Walmart's Q4 results slightly beat earnings expectations while revenue also exceeded estimates, a positive signal for market confidence. However, the guidance for FY adjusted EPS indicates a miss relative to expectations, which may temper investor enthusiasm despite the new share buyback and dividend increase. The commentary on inflation easing highlights potential headwinds in consumer pricing moving forward, adding further nuance to the outlook.