Walmart Earnings: What Investors Should Expect on August 20

Walmart's (WMT) second-quarter earnings for fiscal 2027 are set to be reported on August 20, and investors are hoping for a boost in full-year guidance. The stock price is currently below its 52-week high of $135.16, leading some shareholders to consider buying before the earnings release.

However, it's essential to note that relying solely on hopes of higher guidance isn't a solid reason to invest in Walmart. In fact, if one were to base their expectations solely on issues with fuel costs and shoppers on tighter budgets, it would be difficult for the company to confidently raise its guidance.

That being said, there are some potential positives that could drive revenue growth. Walmart's advertising business, online shopping, and Walmart+ memberships have been showing promising signs, including a 26% increase in global online sales in Q1 2027 and a 37% rise in advertising revenue.