Walmart’s fiscal 2026 profit forecast fell short of Wall Street estimates, causing its stock to drop 7% in pre-market trading. The retailer projects 3% to 4% sales growth, lower than expected, as inflation and economic uncertainty impact consumer spending. Despite strong holiday quarter sales growth of 4.6%, Walmart remains cautious due to weaker January retail trends and potential tariffs under Donald Trump’s administration. However, e-commerce sales surged 20%, driven by faster deliveries.