What to Expect from Walmart in 2026 -- Market Talk

Dow Jones

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0907 ET - Walmart's initial guidance for the year set a low bar for new CEO John Furner to beat in his first year in the job, according to Mizuho in a note. Other expectations for the year include like-for-like inflation of about 1%, with higher prices across general merchandise being offset by food disinflation, analyst David Bellinger says. He expects food prices to come down as suppliers such as PepsiCo cut prices, and Walmart laps last year's "eggflation." Tech is the other key component of 2026, Bellinger says. The retailer's CapEx intensity should peak this year, as the company continues to invest in automation and AI. While these technologies are still in early innings, the analyst notes they're already beginning to pay off. Automation is boosting margins, and Walmart's AI agent, Sparky, is helping boost average order values. (connor.hart@wsj.com)

(END) Dow Jones Newswires

February 20, 2026 09:07 ET (14:07 GMT)

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Other expectations for the year include like-for-like inflation of about 1%, with higher prices across general merchandise being offset by food disinflation, analyst David Bellinger says. He expects food prices to come down as suppliers such as PepsiCo cut prices, and Walmart laps last year's \"eggflation.\" Tech is the other key component of 2026, Bellinger says. The retailer's CapEx intensity should peak this year, as the company continues to invest in automation and AI. While these technologies are still in early innings, the analyst notes they're already beginning to pay off. Automation is boosting margins, and Walmart's AI agent, Sparky, is helping boost average order values. (connor.hart@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 20, 2026 09:07 ET (14:07 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What to Expect from Walmart in 2026 -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat to Expect from Walmart in 2026 -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-20 22:07</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0907 ET - Walmart's initial guidance for the year set a low bar for new CEO John Furner to beat in his first year in the job, according to Mizuho in a note. Other expectations for the year include like-for-like inflation of about 1%, with higher prices across general merchandise being offset by food disinflation, analyst David Bellinger says. He expects food prices to come down as suppliers such as PepsiCo cut prices, and Walmart laps last year's \"eggflation.\" Tech is the other key component of 2026, Bellinger says. The retailer's CapEx intensity should peak this year, as the company continues to invest in automation and AI. While these technologies are still in early innings, the analyst notes they're already beginning to pay off. Automation is boosting margins, and Walmart's AI agent, Sparky, is helping boost average order values. (connor.hart@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 20, 2026 09:07 ET (14:07 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2750360997.AUD","symbol_name":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2612267709","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612267709","pubTimestamp":1771596420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0907 ET - Walmart's initial guidance for the year set a low bar for new CEO John Furner to beat in his first year in the job, according to Mizuho in a note. Other expectations for the year include like-for-like inflation of about 1%, with higher prices across general merchandise being offset by food disinflation, analyst David Bellinger says. He expects food prices to come down as suppliers such as PepsiCo cut prices, and Walmart laps last year's \"eggflation.\" Tech is the other key component of 2026, Bellinger says. The retailer's CapEx intensity should peak this year, as the company continues to invest in automation and AI. While these technologies are still in early innings, the analyst notes they're already beginning to pay off. Automation is boosting margins, and Walmart's AI agent, Sparky, is helping boost average order values. 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Walmart's initial guidance for the year set a low bar for new CEO John Furner to beat in his first year in the job, according to Mizuho in a note. Other expectations for the year include like-for-like inflation of about 1%, with higher prices across general merchandise being offset by food disinflation, analyst David Bellinger says. He expects food prices to come down as suppliers such as PepsiCo cut prices, and Walmart laps last year's \"eggflation.\" Tech is the other key component of 2026, Bellinger says. The retailer's CapEx intensity should peak this year, as the company continues to invest in automation and AI. While these technologies are still in early innings, the analyst notes they're already beginning to pay off. Automation is boosting margins, and Walmart's AI agent, Sparky, is helping boost average order values. (connor.hart@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  February 20, 2026 09:07 ET (14:07 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}