Aug 21, 11:00 AM

Walmart Sales Beat, Profit Trails Estimates; Maintains Mid-Single-Digit Growth Outlook

Walmart Inc. reported fiscal second-quarter adjusted earnings of $0.68 a share, below Wall Street’s $0.74 consensus, while revenue rose 6% to $177.4 billion, edging past estimates. U.S. comparable sales increased 4.6%, supported by growing e-commerce contributions and gains in its advertising unit, Walmart Connect. Looking ahead, the world’s largest retailer projected third-quarter adjusted earnings of $0.58 to $0.60 a share and constant-currency net-sales growth of 3.75% to 4.75%. It issued the same sales-growth range for fiscal 2026, suggesting management expects steady demand even as U.S. tariffs imposed in April push prices higher heading into the holiday season. The earnings release also rippled across the payments sector. RBC Capital Markets warned that Affirm Holdings could lose part of its Walmart business—about 5% of Affirm’s gross-merchandise volume—potentially putting pressure on the buy-now, pay-later provider’s fiscal-2026 growth targets.

#Wall Street #Walmart Connect #RBC Capital Markets #Affirm Holdings #Walmart #Affirm

Written with ChatGPT .

Walmart Sales Beat, Profit Trails Estimates; Maintains Mid-Single-Digit Growth Outlook

Sources

Additional media

Similar Stories

Similar Stories