Shares of Walmart (WMT) fell about 2.5% in premarket trading Thursday after the giant retailer reported fiscal 2026 second-quarter profit below expectation.
Walmart increases discounts with over 7,400 rollbacks and 30% more grocery discounts in Q2, driving 4.6% same-store sales growth amid economic uncertainty
Walmart will report fiscal second-quarter earnings before the bell on Thursday. The largest U.S. retailer warned in May that it would have to raise prices because of President Trump's higher tariffs on imports from other countries.
From A.I. to retail, @Theotrade's Don Kaufman is bearish on all of today's Big 3. He believes technicals are working against Broadcom (AVGO), braces volatility around Walmart's (WMT) earnings, and expects Starbucks' (SBUX) recovery story to take longer than investors expect.
WMT prepares for Q2 earnings release with rising estimates, strong digital momentum and high-margin growth shaping investor decisions.
With Wall Street maintaining a bullish outlook, a positive earnings surprise could drive shares of this leading retailer higher.
Walmart recalls shrimp in 13 states after FDA finds radioactive cesium-137 contamination; ongoing investigation and import alert issued for Indonesian supplier. AI startup Manus achieves $90M annual revenue run rate, positioning itself as a strong OpenAI competitor with advanced autonomous AI agents.
[Note: Walmart's Fiscal Year 2025 concluded on January 31, 2025]
Walmart Inc (NYSE:WMT, ETR:WMT) has recalled several batches of frozen shrimp in 13 US states after regulators found traces of radioactive Caesium-137 in a shipment from Indonesia. The Food and Drug Administration said one sample of breaded shrimp tested positive for the isotope, though the affected product did not reach store shelves.
Shrimp from Indonesia contaminated with man-made Cesium-137 found at US ports, FDA warns consumers not to eat Great Value frozen shrimp.
The 2025 Q2 earnings season continues to slowly wind down, with this week's docket primarily dominated by retail. The period has been resilient, with earnings growth remaining strong and a strong number of companies exceeding quarterly expectations.
One of the many big-name retailers reporting earnings this week is Walmart Inc (NYSE:WMT).