Walmart Craters 9% as US Sales Growth Hits Six-Year Low
WMT is trading near its 52-week low of $95.42 (8.9% above the low) on elevated volume (2.3× avg).
Summary
Walmart's stock plunged 9.4% to $103.62, its worst single-day drop in four years, after Q2 FY27 results revealed U.S. comparable sales growth of just 2.6% versus the 3.8% expected — the slowest domestic growth in six years. Adjusted EPS of $0.81 beat the $0.74 consensus and revenue of $187.9 billion topped estimates, but the margin beat relied heavily on tariff refunds, raising concerns about underlying profitability. The company raised full-year adjusted EPS guidance to $2.80-$2.87, but investors focused on the weak sales momentum and the read-across to broader consumer discretionary weakness. This follows the 8-K filed earlier today with the same earnings figures, but the market's sharp negative reaction is the new development. The stock's decline dragged the Dow Jones Industrial Average down 0.8%, and the consumer discretionary sector fell 1.5% on the Walmart read-across.
At the time of this announcement, WMT was trading at $103.89 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $826.7B. The 52-week trading range was $95.42 to $135.16. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Benzinga.