Walmart posts solid quarter but US sales slow as fuel costs bite shoppers
TL;DR Summary
Walmart topped revenue and earnings estimates for the quarter with about $187.9 billion in sales and adjusted EPS of $0.81, but U.S. same-store sales rose only 2.6%—below expectations—driving a ~9% drop in the stock as shoppers faced higher fuel costs. E-commerce grew 23% and the company maintained guidance for modest growth in the coming year, aided by tariff refunds and price investments in key categories.
- Walmart stock drops 9% as sales growth slows, customers make 'trade-offs' amid high fuel costs Yahoo Finance
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- Walmart promises price cuts after $2.9 billion tariff refund CNN
- Walmart Stock Had Worst Day in 4 Years as Drug-Price Caps Hit Sales Barron's
- Walmart Shares Slump on Weakest Sales Growth in Over Six Years WSJ
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