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Walmart Earnings Miss Sparks Stock Decline Amid Tariff Pressures
Walmart Earnings Miss Sparks Stock Decline Amid Tariff Pressures
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BTCCSquare news:
Walmart shares fell sharply after reporting Q2 earnings below analyst expectations, marking its first earnings miss since May 2022. The retail giant posted $0.68 adjusted EPS versus $0.73 estimates, despite 4.8% revenue growth to $177.4 billion.
CEO Doug McMillon emphasized maintaining low prices despite tariff-related cost pressures, noting stable consumer behavior. Grocery and e-commerce sales showed particular strength, prompting raised annual guidance even as inventory restocking at higher post-tariff prices continues to pressure margins.
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