Walmart Shares Plummet 9.2% Amid Slowing US Sales Growth
Walmart (WMT) shares fell by 9.2% on August 20, 2026, despite the company beating earnings expectations in its latest quarterly results.
The decline was largely attributed to a slowdown in U.S. sales growth, which reached about 2.6%, marking the slowest pace in roughly six years.
Pharmacy and wellness trends also weighed on growth, with lower drug prices acting as a headwind to reported sales in the quarter.
Investors seemed concerned that pharmacy-related pressure and a measured forward outlook did not fully support the stock's premium valuation.