WMT stock fell after reporting 2.6% U.S. sales growth, missing estimates, and issuing cautious third-quarter earnings guidance.
Walmart (WMT) shares declined in early trading Thursday after the retailer posted below-consensus U.S. sales growth of 2.6% and a disappointing third-quarter profit outlook. Investors focused on the softer-than-expected performance, which contrasted with broader market expectations for stronger consumer resilience.
Analysts had anticipated higher sales growth amid persistent inflation and robust consumer spending trends. Walmart’s prior quarter had shown a 4.2% increase in U.S. comparable sales, underscoring the deceleration. Management attributed the weaker guidance to cautious consumer behavior and inventory adjustments.
The stock’s decline reflected investor concerns over margin pressures and slower revenue expansion in a competitive retail environment.