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Walmart Inc. (WMT) Q3 2026 Earnings Name November 20, 2025 8:00 AM EST
Firm Contributors
Stephanie Wissink – Senior Vice President of Investor Relations
Doug McMillon – President, CEO & Director
John Furner – Government VP, CEO & President of Walmart US and Director
John Rainey – Government VP & CFO
Kathryn McLay – Government VP, President & CEO of Walmart Worldwide
Christopher Nicholas – Government VP, President & CEO of Sam’s Membership U.S.
Convention Name Contributors
Simeon Gutman – Morgan Stanley, Analysis Division
Gregory Melich – Evercore ISI Institutional Equities, Analysis Division
Katharine McShane – Goldman Sachs Group, Inc., Analysis Division
Seth Sigman – Barclays Financial institution PLC, Analysis Division
Kelly Bania – BMO Capital Markets Fairness Analysis
Michael Lasser – UBS Funding Financial institution, Analysis Division
Christopher Horvers – JPMorgan Chase & Co, Analysis Division
Robert Ohmes – BofA Securities, Analysis Division
Paul Lejuez – Citigroup Inc., Analysis Division
Rupesh Parikh – Oppenheimer & Co. Inc., Analysis Division
Charles Grom – Gordon Haskett Analysis Advisors
Presentation
Operator
Greetings. Welcome to Walmart’s Third Quarter Fiscal Yr 2026 Earnings Name. [Operator Instructions] Please word, this convention is being recorded.
I will now flip the convention over to Steph Wissink, Senior Vice President, Investor Relations. Thanks, Steph. Chances are you’ll start.
Stephanie Wissink
Senior Vice President of Investor Relations
Welcome, everybody. Thanks to your curiosity in Walmart. Becoming a member of me right now from our residence workplace in Bentonville are Walmart’s CEO, Doug McMillon; and CFO, John David Rainey. Doug will start with remarks about our upcoming management transition. Then we are going to hear from John Furner, not too long ago named as CEO of Walmart, Inc. starting February 1, 2026. Doug and John David will then share their views on the third quarter and our enterprise traits. Thereafter, we’ll open the road to your questions. Through the question-and-answer portion, we’ll invite section leaders to affix in responding to your questions. John for Walmart U.S., Kath McLay for Walmart Worldwide; and Chris Nicholas for Sam’s Membership U.S. We’ll make each effort to reply
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