financetom
Business
financetom
/
Business
/
Walmart's Momentum Remains Strong After Fiscal Q2 Results, Truist Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Walmart's Momentum Remains Strong After Fiscal Q2 Results, Truist Says
Aug 21, 2025 8:18 AM

10:47 AM EDT, 08/21/2025 (MT Newswires) -- Walmart's ( WMT ) momentum remains strong with the company posting US comparable sales growth of 4.6% in fiscal Q2, Truist Securities said Thursday in a note.

Comparable sales growth at the Sam's Club unit, excluding fuel, was 5.9%, and both US and Sam's sales metrics topped estimates by Truist. Walmart ( WMT ) reported a Q2 earnings miss and a revenue beat.

"The company raised its full year sales guide and maintained its EBIT growth projection," Truist said. "Given Walmart's ( WMT ) market leadership and the scarcity of an offensive and defensive mega-cap, we remain buyers."

Category performance in Q2 mostly mirrored recent trends, including mid-single digit growth in the grocery segment and mid-teens growth in health and wellness, Truist said.

Shares of the company fell 4.2% in recent Thursday trading.

Price: 98.31, Change: -4.26, Percent Change: -4.15

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved