Walmart beats earnings, but slowest US sales in 6 years sinks the stock 9%
Walmart beat second-quarter estimates and lifted full-year guidance, yet US comparable-store sales rose just 2.6%, the slowest pace in more than six years and well under the ~3.7% Street wanted. Shares fell as much as 9%, their worst day since 2022. As the nation's retail bellwether, the miss reads as a live check on a tightening consumer.