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Walmart shares fall after weaker US sales and softer profit outlook
Walmart reported its smallest quarterly sales gain in more than six years, and the stock remains below its 52-week high of $135.15.
Walmart (WMT) slid after delivering second-quarter results that fell short of Wall Street expectations, with investors zeroing in on weaker US comparable sales and a softer earnings outlook for the third quarter and full year, according to Yahoo Finance.
The outlet noted that Walmart’s premium valuation, marked by an F valuation grade, is making the earnings miss more consequential than it might be for a cheaper stock. It also highlighted that Walmart’s valuation now appears richer than Nvidia (NVDA) on some measures, despite the AI chipmaker’s stronger growth profile.
The story also said Walmart’s quarterly sales growth was its smallest gain in over six years, challenging its reputation as a defensive consumer-staples name. Even after the decline, the shares are still below their 52-week high of $135.15.
Yahoo Finance added that Walmart serves about 280 million customers each week through more than 10,900 stores and online platforms across 19 countries, and that the company’s strategy includes keeping prices low and expanding automation and AI in its operations.