JewishStatusOpen the app

FrontRow · Aug 20, 2026

FrontRow — photo status

Walmart on Thursday posted quarterly sales that beat Wall Street estimates and raised its outlook for the year, as it saw another strong quarter of e-commerce growth and benefited from tariff refunds. “Our business is strong,” CFO John David Rainey told CNBC. “We feel really good about the progress we’re making.” The retailer said revenue rose 5.9% in its fiscal second quarter as e-commerce sales jumped 23% globally. Walmart also said U.S. comparable sales grew 2.6%, offset in part by a 0.8% headwind in its health and wellness business as price caps on certain drugs took effect. That was less than the 3.5% increase Wall Street expected, according to FactSet. For the third quarter, Walmart said it expects net sales to increase between 3% and 3.75% and adjusted earnings per share to be between 62 cents and 64 cents. The retailer expects net sales to increase 4% and 5% for the year, compared to a previous outlook of between 3.5% and 4.5% growth. Walmart also anticipates adjusted earnings will be between $2.80 and $2.87 per share, compared to the prior guidance of between $2.75 and $2.85 per share.

Walmart on Thursday posted quarterly sales that beat Wall Street estimates and raised its outlook for the year, as it saw another strong quarter of e-commerce growth and benefited from tariff refunds. “Our business is strong,” CFO John David Rainey told CNBC. “We feel really good about the progress we’re making.” The retailer said revenue rose 5.9% in its fiscal second quarter as e-commerce sales jumped 23% globally. Walmart also said U.S. comparable sales grew 2.6%, offset in part by a 0.8% headwind in its health and wellness business as price caps on certain drugs took effect. That was less than the 3.5% increase Wall Street expected, according to FactSet. For the third quarter, Walmart said it expects net sales to increase between 3% and 3.75% and adjusted earnings per share to be between 62 cents and 64 cents. The retailer expects net sales to increase 4% and 5% for the year, compared to a previous outlook of between 3.5% and 4.5% growth. Walmart also anticipates adjusted earnings will be between $2.80 and $2.87 per share, compared to the prior guidance of between $2.75 and $2.85 per share.

Watch in the app All of FrontRow's statuses

More from FrontRow