Walmart hits trillion dollar milestone as new CEO John Furner issues cautious outlook

New CEO John Furner issued a guarded forecast as the retailer hit a trillion dollar valuation. Strong online sales helped the firm beat quarterly estimates.

Insights:
Walmart Inc. reported another quarter of steady sales on February 19, 2026, driven by strong growth in its digital operations. In what marked the first full quarterly report under new CEO John Furner, the company provided a conservative outlook for the coming year while simultaneously announcing a $30 billion share buyback. These results and the updated guidance are significant to the market as they directly affect investor expectations and reflect the company’s assessment of margins and consumer spending across the US USUS.
Walmart U.S. CEO and President John Furner speaks during a keynote session about how Walmart is implementing AI, during National Retail Federation (NRF) 2026: Retail's Big Show, in New York City, U.S., January 11, 2026. REUTERS/Kylie Cooper
Walmart U.S. CEO and President John Furner speaks during a keynote session about how Walmart is implementing AI, during National Retail Federation (NRF) 2026: Retail's Big Show, in New York City, U.S., January 11, 2026. REUTERS/Kylie Cooper
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