Walmart reported fiscal second-quarter results on August 20, with revenue climbing to $187.9 billion, global e-commerce growing 23%, and advertising sales jumping 38%. The company's US e-commerce sales rose 24%, marking its tenth straight quarter of growth above 20%, while Sam's Club US e-commerce climbed 26% and US marketplace sales jumped 52%. Walmart invested roughly $2.9 billion in tariff refunds into everyday prices, pushing rollbacks to 11,000 items, and raised full-year sales guidance to 4% to 5% growth and adjusted earnings guidance to $2.80 to $2.87 per share. However, the company faces cost pressures, including more than $2 billion in incremental fuel costs this year, and US consumer confidence fell in August to its lowest level since January. Walmart's stock trades at 35.84 times forward earnings, a premium that leaves little room for error, while its dividend yield is just 0.9%.
Walmart Inc.Walmart raised full-year sales and earnings guidance, and reported strong Q2 revenue growth.
