Walmart reports mixed results as gas prices drag on US sales growth

Walmart reported Q2 2027 revenue up 5.9%, operating income up 28.8%, and net income of $6.4B, driven by 23% online sales growth and a $2.9B tariff refund. Despite raising its annual forecast, shares fell 9.32% due to weaker in-store sales growth of 2.6%. Analysts note Walmart's value appeal across income levels and its focus on private labels and AI.

Walmart (WMT) shares dropped 9.06% to $103.95 after reporting lower Q2 profit ($6.366B) despite higher revenue ($187.937B). The company expects Q3 earnings of $0.62-$0.64 per share and full-year earnings of $2.80-$2.87 per share.

Walmart's shares fell 9% after Q2 results missed expectations, with US comp sales ex-gas at +2.6% vs. estimates of +3.67%. Adjusted EPS beat at $0.81, while revenue rose 5.9% YoY to $187.94B. Guidance for Q3 and FY2027 missed consensus. The company cited pharmacy deflation and drug price regulations as headwinds. Operating cash flow was $19.7B, with $3B spent on share repurchases.

Walmart reported Q2 earnings that beat estimates but showed slowing US sales growth and consumer spending. Comparable sales grew 2.6% (excluding fuel), missing expectations. Shares fell 9%. The company cited price pressures and federal drug price negotiations as challenges. Analysts note consumer spending may be slowing, impacting the broader economy.

Walmart reported Q2 earnings and revenue above expectations, but same-store sales grew only 2.6% vs. 3.5% forecast. Guidance was disappointing, with shares down 7%. CFO cited consumer strain from high energy prices and $2B cost headwinds. Some analysts remain bullish, but concerns about consumer spending persist.

Walmart reported nearly $3 billion in tariff refunds, boosting profit but slower U.S. same-store sales growth at 2.6% hurt sentiment. Stock fell 9%. Higher fuel costs and drug pricing rules impacted results. CEO Furner noted consumer pressure from inflation. Walmart expects $2 billion in added fuel costs this year.