Walmart's CEO reported that the majority of fourth-quarter spending originated from shoppers with incomes exceeding $100,000.

Feb 19, 2026, 7:19:10 PM UTC(3 hours ago)
Impact: Medium

Affected Assets

  • Walmart's CEO reported that the majority of fourth-quarter spending originated from shoppers with incomes exceeding $100,000.
  • Walmart's new CEO, John Furner, reported that the majority of the company's fourth-quarter sales came from shoppers with incomes exceeding $100,000.
  • This trend indicates a shift in Walmart's customer base, with higher-income households driving sales growth.
  • The company's Q4 performance included strong sales, particularly in groceries, and a significant increase in e-commerce.
  • Furner expressed a conservative outlook for the coming year, citing the fragile state of the U.S. consumer, especially for those earning under $50,000.

Sources

@YahooFinance
From:@YahooFinance
Walmart's CEO: The majority of spending in Q4 came from shoppers making over $100,000. https://t.co/if8N3TtzAH
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