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Walmart lifts full-year outlook and plans to use tariff refunds to hold prices

The company is set to report fiscal second-quarter earnings on Thursday, giving investors a read on consumer demand amid a split economy.

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Walmart is expected to report its fiscal second-quarter earnings on Thursday, a timing that sets up a close look at how the retail chain is performing with consumers increasingly split across income levels, CNBC Markets reports.

Ahead of the results, Walmart has lifted its full-year outlook and said it plans to use large tariff refunds to help keep prices low, signaling an effort to limit cost pressures for shoppers.

The company’s guidance suggests it intends to offset some tariff-related impacts rather than pass them through fully, with the earnings update likely to be closely watched for signs of consumer resilience.

CNBC Earnings also framed the move as part of the lead-in to Walmart’s quarterly read on the broader consumer and the K-shaped economy.

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