Walmart, Stock Market
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Walmart reports solid gains in Q2
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Walmart Inc (WMT) reports robust revenue growth driven by e-commerce and international sales, despite facing cost pressures.
Retailer Walmart Inc. says its second-quarter results were hit by unexpected legal and liability-related issues to the tune of $450 million.
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Why Walmart Stock Sank Today
Shares of Walmart (NYSE: WMT) fell 4.9% Thursday. The drop came as the S&P 500 lost 0.5% and the Nasdaq Composite lost 0.4% as investors await Federal Reserve Chair Jerome Powell's speech tomorrow.
Walmart raised its full-year earnings and net sales guidance. For fiscal 2026, the company now projects adjusted EPS at $2.52 to $2.62, up from $2.50 to $2.60 previously, and net sales growth of 3.75% to 4.75%, versus the prior outlook of 3% to 4%. Adjusted operating income growth is still forecast to grow 3.5% to 5.5%.
Walmart Inc. showcases strong growth in grocery & digital, but cautious spending & valuation risks raise concerns. Click for my review of WMT Q2 earnings.
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Stocktwits on MSNWalmart’s Q2 Results Gets Wall Street Talking, Retail Bulls Stay Strong Despite Brief Selloff
Walmart (WMT) saw multiple price target hikes following its second-quarter results, with brokerage Mizuho noting that the post-earnings selloff in shares is a buying opportunity. Retail sentiment on Walmart remained unchanged in the ‘extremely bullish’ territory,
Walmart is putting emphasis on growth of ecommerce sales. Data shows that this push isn't hurting the company's physical stores, suggesting potential market share gains.
The food discounts were part of 7,400 temporary price reductions during the quarter, company executives told investors.
Walmart reported strong second-quarter results, exceeding expectations and outperforming competitors like Target. Comparable sales rose by 4.6%, fueled by both established stores and online channels.