Walmart will report second-quarter earnings before the bell. Here's what to expect
Walmart is expected to report its fiscal second-quarter earnings on Thursday, offering a read on the consumer and the K-shaped economy.
TL;DR
- Walmart's fiscal second-quarter earnings report is due Thursday.
- The report will offer insights into U.S. consumer health and spending habits.
- Walmart has been focusing on value for lower-income shoppers while attracting higher-income consumers.
- Analysts expect earnings per share of 74 cents and revenue of $186.77 billion.
- Previous quarters saw Walmart not meeting earnings expectations due to factors like gas prices and consumer confidence.
- The company has noted a widening divide between different income groups.
- Tariff refunds have impacted competitors like Target, Home Depot, and Lowe's, and may influence Walmart's results.
- Bernstein analysts suggest a slowdown in comparable sales for Walmart due to lapping tariff-driven price increases.