Walmart Eyes 4.5% Q4 Same-Store Sales Growth as Food Inflation Eases
Analysts anticipate Walmart will post 4.5% Q4 same-store sales growth versus a 4% consensus. They expect food inflation to decelerate from about 130 basis points to roughly 50 basis points next year, forecasting 4% sales and 8% profit growth.
1. Q4 Sales Growth Forecast
Analysts forecast roughly 4.5% same-store sales growth for Q4 compared with a 4% consensus, driven by strong holiday demand and record seasonal performance.
2. Pricing Environment and Inflation Outlook
Expectations for food inflation to slow from about 130 basis points last year to around 50 basis points next year could cap pricing growth, reducing a key pass-through benefit for Walmart.
3. Forward Growth and Valuation Targets
Projections include approximately 4% sales growth and 8% profit growth for the upcoming year, with a current valuation near 45 times earnings and an upside price target around $160 based on $3.50 EPS by fiscal 2028.