Walmart Slumps After Q2 Earnings Miss, Tech Stocks Cool Down Amid Jackson Hole Symposium
ByAinvest
Thursday, Aug 21, 2025 3:17 pm ET1min read
WMT--
The company's CEO, Doug McMillon, attributed the pricing strategy to tariff-related cost pressures, stating, "We're keeping our prices as low as we can for as long as we can." This strategy drew consumers amid uncertainty in household budgets [1].
Walmart's Q2 revenue came in at $177.4 billion, surpassing Wall Street's expectations of $176.05 billion. The company expects net sales in its fiscal 2026 to increase between 3.75%-4.75%, up from a prior range of 3%-4% growth [1].
Meanwhile, tech stocks have cooled off following a recent selloff, with the Nasdaq-100 Index ($IUXX) down 2.5% from last week's highs. Major tech stocks like Nvidia (NVDA), Tesla (TSLA), and Meta Platforms (META) have led the downturn, amid concerns about AI valuations and upcoming Federal Reserve commentary [3].
Defensive sectors like healthcare and insurance have shown resilience, while commodity prices remain modest. Gold is down, and Brent crude is up. S&P 500 futures are down 0.42%, Nasdaq futures are down 0.44%, and Dow futures are down 0.41% [2].
References:
[1] https://finance.yahoo.com/news/walmart-stock-falls-after-earnings-profit-outlook-misses-forecasts-as-us-sales-growth-accelerates-185241176.html
[2] https://www.nasdaq.com/articles/walmart-wmt-q2-earnings-miss-estimates
[3] https://www.legacygrain.com/news/story/34287392/ready-to-buy-the-dip-5-nasdaq-100-stocks-down-10-or-more
Walmart shares have fallen 3% after the company's Q2 earnings missed expectations and guidance was raised. Meanwhile, tech stocks have cooled off following a recent selloff, while defensive sectors like healthcare and insurance are showing resilience. Commodity prices are modest, with gold down and Brent crude up. S&P 500 futures are down 0.42%, Nasdaq futures are down 0.44%, and Dow futures are down 0.41%.
Walmart Inc. (WMT) shares fell more than 3% on Thursday following the company's second-quarter earnings report, which missed expectations. The retailer reported adjusted earnings per share (EPS) of $0.68, falling short of the $0.74 forecast by analysts. Despite the earnings miss, Walmart's US sales growth accelerated, with same-store sales rising 4.6%, exceeding Wall Street's forecast of 4.2% [1].The company's CEO, Doug McMillon, attributed the pricing strategy to tariff-related cost pressures, stating, "We're keeping our prices as low as we can for as long as we can." This strategy drew consumers amid uncertainty in household budgets [1].
Walmart's Q2 revenue came in at $177.4 billion, surpassing Wall Street's expectations of $176.05 billion. The company expects net sales in its fiscal 2026 to increase between 3.75%-4.75%, up from a prior range of 3%-4% growth [1].
Meanwhile, tech stocks have cooled off following a recent selloff, with the Nasdaq-100 Index ($IUXX) down 2.5% from last week's highs. Major tech stocks like Nvidia (NVDA), Tesla (TSLA), and Meta Platforms (META) have led the downturn, amid concerns about AI valuations and upcoming Federal Reserve commentary [3].
Defensive sectors like healthcare and insurance have shown resilience, while commodity prices remain modest. Gold is down, and Brent crude is up. S&P 500 futures are down 0.42%, Nasdaq futures are down 0.44%, and Dow futures are down 0.41% [2].
References:
[1] https://finance.yahoo.com/news/walmart-stock-falls-after-earnings-profit-outlook-misses-forecasts-as-us-sales-growth-accelerates-185241176.html
[2] https://www.nasdaq.com/articles/walmart-wmt-q2-earnings-miss-estimates
[3] https://www.legacygrain.com/news/story/34287392/ready-to-buy-the-dip-5-nasdaq-100-stocks-down-10-or-more
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet