Walmart will report its second-quarter earnings before the market opens on Thursday. The retail giant is expected to post earnings per share of 74 cents and revenue of $186.77 billion, according to the LSEG analyst consensus. In the first quarter, Walmart missed earnings expectations for only the third time in 16 quarters, having lowered its full-year guidance due to soaring gas prices and declining consumer confidence. Bernstein analysts note a slowdown in comparable sales tied to the lapping of tariff-driven price increases, but consider Walmart to be in a strong fundamental position. The retailer will also provide details on how tariff refunds shaped its business during the quarter.
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