Walmart reports Q2 beat, trims third-quarter guidance
Walmart reported adjusted EPS of 81 cents and sales of $187.9 billion, both above estimates, while issuing third-quarter adjusted EPS and sales guidance below estimates.
Walmart Inc. (NASDAQ: WMT ) stock is trading lower in Thursday's premarket session after the retail giant reported second-quarter results and issued third-quarter guidance below estimates. Walmart Earnings Snapshot Walmart reported adjusted earnings of 81 cents per share, beating the consensus estimate of 74 cents. 8 billion estimate.
Global advertising revenue increased 38%, led by strength across segments. Global membership fee revenue rose 17% during the quarter. S. and benefits from tariff refunds.
4%. Strong sales, higher gross margins, tariff refund benefits and global membership growth supported the increase. 2 billion in total debt. 7 billion.
5 billion. 1 billion year to date. Business Performance Global e-commerce sales grew 23%, driven by store-fulfilled pickup and delivery and marketplace growth. S.
6%, driven by higher transactions. That was the retailer's smallest quarterly increase since 2020, The Wall Street Journal reported. Pharmacy deflation tied to new maximum fair price regulations, which took effect Jan. 1, created a 125-basis-point headwind to comparable sales.
The report added that CFO John David Rainey played down the importance of store comparable sales, noting that stores increasingly serve as digital fulfillment hubs for online orders and delivery. 9% on a constant-currency basis, supported by growth in e-commerce and stores. S. 8%, helped by higher transactions and unit volumes.
Grocery and general merchandise showed strength. 6 billion. Inventory rose 6% on a constant-currency basis. S.
during the second quarter. The retailer also continues to see growth from higher-income households. Executives said the annual forecast assumes slightly stronger second-half sales than previously expected, driven by price investments. The forecast also assumes fuel prices and tariffs remain at current levels.
Walmart began increasing the number of price rollbacks in late July and said it is pleased with the start of the back-to-school season. 85. 90. 188 billion.
250 billion. For the third quarter, Walmart expects adjusted EPS of 62 cents-64 cents, below the 68-cent estimate. 339 billion estimate. 49 during Thursday's premarket session, according to Pro data.
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