Walmart announces Q2 adjusted earnings per share of 68 cents, falling short of the expected 74 cents.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 21 2025
0mins
Should l Buy WMT?
Q2 Revenue Performance: The company reported a Q2 revenue of $177.4 billion, exceeding the consensus estimate of $174.38 million.
E-commerce Growth: E-commerce sales increased by 25% globally, indicating strong performance in online retail.
Innovation and Customer Connection: The company attributes its growth to innovation and effective execution, emphasizing the importance of digital experiences in connecting with customers.
AI Deployment: The integration of AI is highlighted as a key factor in enhancing customer experiences, showcasing the company's commitment to being people-led and tech-powered.
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Analyst Views on WMT
Wall Street analysts forecast WMT stock price to fall
26 Analyst Rating
25 Buy
1 Hold
0 Sell
Strong Buy
Current: 126.620
Low
119.00
Averages
125.75
High
136.00
Current: 126.620
Low
119.00
Averages
125.75
High
136.00
About WMT
Walmart Inc. is a technology-powered omnichannel retailer. The Company is engaged in the operation of retail and wholesale stores and clubs, as well as eCommerce Websites and mobile applications, located throughout the United States (U.S.), Africa, Canada, Central America, Chile, China, India and Mexico. It operates in three reportable segments: Walmart U.S., Walmart International and Sam's Club U.S. The Walmart U.S. segment includes the Company's mass merchandising concept in the U.S., as well as eCommerce, which includes omni-channel initiatives and certain other business offerings such as advertising services. The Walmart International segment consists of the Company's operations outside of the U.S. through its subsidiaries, as well as eCommerce and omni-channel initiatives. The Sam's Club U.S. segment includes the warehouse membership clubs in the U.S., as well as samsclub.com and omni-channel initiatives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Surge in Trading Volume: Trading volume reached 42.1 million shares, about 34% above the three-month average, reflecting strong market reaction to Walmart's earnings report and heightened investor interest.
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- Robust E-commerce Growth: Global eCommerce sales surged 24%, primarily driven by store-fulfilled pickup and delivery services, indicating Walmart's successful digital transformation and further solidifying its market position.
- Thriving Advertising Business: Walmart's global advertising revenue grew by 37%, with Walmart Connect in the U.S. up 41%, which not only enhances the company's revenue streams but also strengthens its competitive edge in the advertising market.
- Cautious Future Outlook: The company projects net sales growth of 3.5% to 4.5% for FY27, below the market consensus of 5.01%, with adjusted EPS expected to be between $2.75 and $2.85, reflecting uncertainty regarding future economic conditions.
See More
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- Strong Earnings Report: Walmart's revenue rose 5.6% in Q4 2026, with adjusted earnings per share at $0.74, reflecting over 12% year-over-year growth, both surpassing analyst expectations and indicating robust market performance.
- E-commerce Sales Surge: Global e-commerce sales increased by 24%, accounting for 23% of total net sales, demonstrating Walmart's significant progress in digital transformation and enhancing its competitive position in the retail sector.
- Advertising Business Growth: The company's global advertising segment grew by 37%, with Walmart Connect in the U.S. expanding by 41%, which not only boosts profit margins but also provides new revenue streams for future growth.
- Cautious Future Outlook: While management forecasts a 3.5% to 4.5% increase in net sales for fiscal 2027, the current stock price reflects a P/E ratio of about 45, suggesting that the market has set high expectations for Walmart's future performance, increasing investment risks.
See More
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- Market Retreat Reasons: The stock market retreated due to concerns over U.S.-Iran tensions, indicating investor sensitivity to geopolitical risks, which may lead to increased volatility in the short term.
- GE Aero Leads New Buys: Despite the overall market decline, GE Aero emerged as a leader in new buys, reflecting investor confidence in its future growth potential, which could bring new capital inflows to the company.
- Comfort Systems Earnings Movement: Comfort Systems' earnings report garnered market attention, demonstrating its resilience in the current economic environment, potentially attracting more investor focus on its long-term growth strategy.
- Grail Earnings Impact: Grail's earnings report became a significant market driver, potentially affecting its stock price trajectory and prompting investors to reassess its future business outlook.
See More
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- Market Retreat Reasons: The stock market retreated due to heightened U.S.-Iran tensions and other significant headwinds, impacting investor sentiment and reflecting the market's sensitivity to geopolitical risks.
- GE Aero Leads New Buys: Despite the overall market decline, GE Aero emerged as a leader in new buys, indicating its relative resilience in the current environment and potentially attracting risk-averse investors.
- Comfort Systems Earnings Movement: Comfort Systems' earnings report drew market attention, showcasing its profitability in the current economic climate and possibly providing new investment opportunities for investors.
- Grail Earnings Impact: Grail's earnings report also became a market focal point, with strong performance likely to attract more investor interest in its future growth potential, even as the overall market faces pressure.
See More
US Markets Decline Amid Escalating Tensions with Iran
- Market Volatility: US markets experienced volatility on Thursday due to escalating tensions between Washington and Iran, with the S&P 500 dropping 0.28%, the Dow Jones Industrial Average falling 0.54%, and the Nasdaq Composite declining 0.31%, reflecting investor concerns over geopolitical risks.
- Oil Price Surge: Concerns over potential military action in Iran pushed oil prices up nearly 2%, which could impact global energy market stability and exacerbate inflationary pressures, thereby affecting consumer spending and business costs.
- Blue Owl Liquidity Tightening: Blue Owl Capital's sale of $1.4 billion in loan assets led to a nearly 6% drop in its stock, raising alarms about the stability of the private credit market, which may also affect the stock performance of other asset management firms.
- Walmart Earnings Beat: Walmart's fiscal fourth-quarter results exceeded expectations due to growth in e-commerce, advertising, and its third-party marketplace, but its earnings forecast for the current fiscal year fell short of market expectations, potentially impacting investor confidence in its long-term growth prospects.
See More
Walmart's Earnings Beat Expectations but Outlook Remains Cautious
- Strong Earnings Report: Walmart's holiday-quarter sales rose 5% year-over-year, with operating income nearly increasing by 11%, showcasing a robust 25% global e-commerce growth and 27% in the U.S., indicating the returns from tech and AI investments are materializing.
- Mixed Investor Sentiment: Despite significant increases in e-commerce and online pickup orders, particularly among higher-income consumers, the company's cautious outlook may signal challenges ahead for the stock price, prompting investors to take profits today.
- Surge in Trading Volume: Trading volume reached 42.1 million shares, about 34% above the three-month average, reflecting strong market reaction to Walmart's earnings report and heightened investor interest.
- Market Performance Fluctuations: Concurrently with Walmart's earnings release, the S&P 500 dipped 0.29% and the Nasdaq Composite fell 0.31%, indicating mixed sentiment among large retail peers, further impacting Walmart's stock trajectory.
See More
