Published • loading... • Updated
Walmart hikes full-year outlook, says it will use huge tariff refund to keep prices low
Comparable sales rose 2.6% and e-commerce grew 24%, while tariff refunds helped lift profit and support Walmart’s higher full-year outlook.
- On Thursday, August 20, 2026, Walmart reported $187.9 billion in quarterly revenue and raised full-year guidance to 4%–5% net sales growth and $2.80–$2.87 adjusted EPS, yet shares fell 9% after U.S. comparable sales grew just 2.6%, missing expectations.
- Walmart received $2.9 billion in tariff refunds following the Supreme Court's February 2026 ruling that invalidated certain IEEPA import taxes, and plans to reinvest substantially all of this capital into customer price reductions and experience improvements.
- Federal drug pricing rules reduced U.S. comparable sales by 0.8%, masking underlying demand, according to company disclosures. CFO John David Rainey noted consumers are making trade-offs as fuel prices remain above $4 per gallon.
- Despite the stock decline, Walmart is capturing market share among households with annual incomes over $100,000, and management continues prioritizing price investments to maintain this momentum amid broader economic pressures.
- Walmart projects third-quarter net sales growth between 3% and 3.75% with adjusted EPS of $0.62 to $0.64, signaling caution regarding sustained consumer spending power for the remainder of fiscal 2027.
Insights by Ground AI
122 Articles
122 Articles
Walmart Is Using Its $2.9B Tariff Refund to Benefit You
Walmart told investors Thursday it has received nearly all of the $2.9 billion in tariff refunds it was owed and is channeling that cash into price cuts and store upgrades as inflation and higher fuel costs squeeze its core shoppers. CFO John David Rainey said the money is going...
·Miami, United States
Read Full Article
The U.S. wholesale giant Walmart has noted its forecasts for the entire staggered exercise.
·Montreal, Canada
Read Full Article
Walmart Stock Erases $81 Billion as U.S. Sales Growth Hits Six Year Low
Walmart shares plunged almost 9% Thursday, erasing approximately $81.2 billion from the retailer’s market capitalization after its weakest U.S. comparable sales growth in six years raised concerns about consumer demand.Visit Website
Coverage Details
Total News Sources122
Leaning Left22Leaning Right21Center52Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 23%
C 55%
R 22%
Factuality
To view factuality data please Upgrade to Premium
