Walmart Q2 Earnings Beat Expectations Despite Missed Guidance
Walmart (WMT) reported better-than-expected revenue in Q2 CY2026, with sales up 5.9% year on year to $187.9 billion.
The company's non-GAAP profit of $0.81 per share was 9.3% above analysts' consensus estimates.
Despite beating expectations, Walmart's guidance for the next quarter fell short, with revenue projected at $185.6 billion, below analyst estimates of $188.3 billion.
The company's CEO, John Furner, described Q2 as 'the best second quarter we've had in the last 3 years,' attributing the performance to strong momentum in e-commerce, marketplace, and membership programs.