Walmart shares fall 8% as Q2 results flag risks

Meanwhile, the Economic Times daily newspaper is available online now.

Key points

• Top Trending Stocks: SBI Share Cost, Axis Bank Share Rate, HDFC Bank Share Cost, Infosys Share Rate, Wipro Share Cost, NTPC Share Rate.
• Walmart shares fell 8% despite solid second-quarter results, with revenue rising 5.9%, e-commerce sales jumping 23% and operating income increasing 28.8%.
• The firm noted revenue of $187.9 billion for the quarter, up 5.9% from a year earlier.
• Global e-commerce sales rose 23%, led by store-fulfilled pickup and delivery, along with expansion in marketplace sales.
• Power shift, a déjà vu: Air India could be new CEO's toughest flight yet.

Meanwhile, the Economic Times daily newspaper is available online now. Walmart shares fall 8% as Q2 results flag risks of rising inventory. ETMarkets.comLast Updated: Aug 20, 2026, 07: 37: 00 PM IST.

Walmart shares fell 8% despite solid second-quarter results, with revenue rising 5.9%, e-commerce sales jumping 23% and operating income increasing 28.8%. Investors focused on tariff refund benefits and a 6.7% growth in global inventory, raising worries over underlying performance.

Walmart shares fell 8% after the retailer documented second-quarter results that demonstrated solid revenue expansion, higher e-commerce sales and better operating income, but investors appeared to focus on tariff-related benefits and rising inventory. The firm noted revenue of $187.9 billion for the quarter, up 5.9% from a year earlier. On a constant currency basis, revenue grew 5.1%. As on 20 Aug 2026, 07: 17 PM IST.

Global e-commerce sales rose 23%, led by store-fulfilled pickup and delivery, along with expansion in marketplace sales. The company's advertising business additionally remained robust, with global advertising revenue up 38%. Walmart US advertising revenue additionally grew 38%. Membership fee revenue rose 17% globally, supported by continued expansion in its paid membership programmes. Walmart's gross profit rate improved by 96 basis points, led by Walmart US. The firm stated the number was affected by tariff refund benefits during the quarter. Live Events.

Operating income rose $2.1 billion, or 28.8%. On an adjusted constant currency basis, operating income grew 17.4%. The firm stated the result included the benefit of tariff refunds, partly offset by cost investments produced during the quarter. According to Walmart, excluding the net impact of tariff refunds and rate investments, underlying operating income expansion came in at the top end of its guidance. Adjusted earnings per share stood at $0.81. The number excludes a net loss of $0.12 per share from equity and other investments and a net benefit of $0.11 from a certain tax matter.: Dow Jones Nasdaq US Stock Market Today Live: US stocks open lower as rising bond yields weigh on sentiment The firm additionally documented return on assets of 8% and return on investment of 15.4%. Inventory was another area watched by investors. Global inventory rose 6.7%, or 6% on a constant currency basis, due to strategic initiatives and inflation.

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