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Walmart hikes sales and earnings outlook even as it says tariff costs are rising

Walmart's second-quarter sales rose nearly 5% to $177.4 billion, driven by value-focused shoppers despite tariff-driven modest price increases in some categories.

  • Walmart Inc. reported second-quarter profits of $7.03 billion and sales of $177.40 billion, with U.S. stores up 4.8% as of July 31, 2025.
  • Walmart updated its earnings forecast for the 2026 fiscal year, now expecting adjusted earnings per share between $2.52 and $2.62, while also boosting its anticipated annual revenue growth to a range of 3.75% to 4.75%.
  • The company increased its share of customers from various income levels, with the strongest growth seen among higher-income households, while online sales jumped 25%, fueled by in-store pickup and delivery options.
  • Walmart's CFO said the company is monitoring customer demand and adjusting purchases as tariff-related costs rise, impacting margins and inventory prices week after week.
  • Despite higher tariff costs, Walmart's improved sales and raised guidance reflect its scale and focus on value amid consumers favoring essentials over discretionary products.
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The U.S. chain of stores Walmart raised its sales and profit forecasts in its results published on Thursday, August 21, despite the increase in prices of imported products after the heavy tariffs imposed this year by President Donald Trump.The company exceeded the quarterly sales estimates of analysts, with revenues for the quarter ended July 31 of $177,400 million, 4.8% more than in the previous period.It also previews that net sales increase b…

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Walmart expects better sales, earnings as shoppers squeezed by tariffs

Big-box retailer Walmart reported solid revenue growth Thursday and said that it expects better sales and earnings for the full year, as customers feel the squeeze from higher tariffs imposed by US President Donald Trump.

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CNBC broke the news in United States on Thursday, August 21, 2025.
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