Overview
- Walmart posted second-quarter revenue of $177.4 billion and earnings of $0.88 per share, topping Wall Street estimates, with net income rising to $7.03 billion.
- U.S. comparable sales grew 4.6% on strong demand in grocery and health and wellness, and average spending per transaction increased 3.1%.
- Global e-commerce sales rose about 25% and marketplace sales jumped 40%, with roughly one-third of store deliveries completed in three hours or less.
- The company leaned into promotions with more than 7,400 rollbacks and 30% more grocery discounts year over year to attract cost-conscious shoppers.
- Walmart lifted full-year guidance to 3.75%–4.75% sales growth and $2.52–$2.62 adjusted EPS, warned tariffs are pressuring costs, and projected third-quarter sales of $168 billion, below some analyst estimates.