Walmart Inc. (NYSE:WMT) stock traded higher on Wednesday after the company disclosed that it was hosting its Investment Community Meeting and reaffirmed first-quarter guidance.

The retail giant continues to see first-quarter FY26 sales growth of 3% – 4% in the constant currencies. Walmart stated that its FY26 sales and operating income growth guidance remains unchanged.

However, the range for first-quarter operating income growth has widened due to a less favorable category mix, and higher casualty claims expense, and the need to maintain flexibility for price investments as tariffs are implemented.

Read: Walmart Pressures Chinese Suppliers To Cut Prices Amid New Tariff Battle

The meeting highlighted Walmart's strategy to drive growth by enhancing customer and member experiences through low prices, expanding eCommerce, and faster delivery options.

It will also focus on creating shareholder value by evolving its business model to boost profitability, support investments in price, wages, and technology, and deliver stronger returns and cash flow.

Doug McMillon, president and CEO of Walmart Inc., said, "Our customers want four things: everyday low prices, a broad assortment, a convenient and enjoyable shopping experience, and to do business with a company they trust. We're changing to serve them even better."

Notably, the company stated that since April 2023, Walmart has delivered over 5% annual sales growth and nearly 10% adjusted operating income growth.

Moreover, e-commerce grew 20%+ annually, reaching 18% of net sales, and delivery now covers 93% of the U.S. in under three hours. Walmart expects e-commerce to contribute about 50% of sales in the next five years.

Also, Walmart renovated 1,930 stores and built 373 new ones, invested $22 billion annually in capex, repurchased $7 billion+ in shares, and raised its dividend in the last two years.

Price Action: WMT shares are up 3.23% at $84.43 at the last check Wednesday.

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