Walmart Falls Over 6% in Pre-market Trading as Second Quarter Comparable Sales Miss Expectations

BlockBeats News, August 20th, Walmart (WMT.N) reported a Q2 revenue of $187.94 billion for the 2027 fiscal year, with market expectations at $186.769 billion, compared to $177.4 billion in the same period last year.

Walmart (WMT.N) expects full-year net sales to increase by 4% to 5%, below the market expectation of 5.3%. The expected full-year adjusted earnings per share are $2.80 to $2.87, lower than the market expectation of $2.90. The expected adjusted earnings per share for the third quarter are $0.62 to $0.64, below the market expectation of $0.68.

According to BIT (bit.com) market data, Walmart tumbled over 6% in pre-market trading, currently at $107.