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Walmart Fiscal Q2 Adjusted Earnings, Revenue Rise; Shares Down Pre-Bell

MT Newswires Live
Aug 20

Walmart (WMT) reported fiscal Q2 adjusted earnings Thursday of $0.81 per share, up from $0.68 a year earlier.

Analysts polled by FactSet expected $0.74.

Revenue for the quarter ended July 31 was $187.94 billion, compared with $177.40 billion a year earlier.

Analysts expected $186.62 billion.

The company expects fiscal Q3 adjusted EPS of $0.62 to $0.64. Analysts expect $0.68.

Net sales for the quarter are expected to increase 3% to 3.75%.

For fiscal 2027, Walmart now expects adjusted EPS of $2.80 to $2.87, compared with its prior outlook range of $2.75 to $2.85. Analysts expect $2.90.

The retail giant now expects full-year net sales to increase 4% to 5%, versus its previous guidance range of 3.5% to 4.5% growth.

Walmart shares were down 6.3% in premarket activity.

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