Walmart (WMT) AGM 2026 summary

Opening remarks and agenda

• The meeting opened with a welcome, acknowledgment of forward-looking statements, and an overview of the agenda, including a Q&A session after formal business.

• A seamless leadership transition was highlighted, with gratitude expressed to outgoing and incoming executives.

• A quorum was confirmed, and the meeting was officially called to order, with polls opened for voting.

Financial performance review

• Revenue grew 5.1% in constant currency to $715.9 billion, driven by 24% global e-commerce growth to over $150 billion.

• Operating cash flow reached $41.6 billion, and $15.6 billion was returned to shareholders via dividends and share repurchases.

• Advertising revenue grew 46% to $6.4 billion, and membership fee revenue exceeded $4.3 billion.

Board and executive committee updates

• All director nominees, including the chair, were up for re-election and present at the meeting.

• The board expressed confidence in the management team’s readiness to lead in an era defined by AI and innovation.