Aug 21 - Shares of Walmart slipped 5% Thursday after the retail giant released second-quarter results that mixed strong top-line momentum

Shares of Walmart (NYSE: WMT) fell 4.9% Thursday. The drop came as the S&P 500 lost 0.5% and the Nasdaq Composite lost 0.4% as investors await Federal Reserve Chair Jerome Powell's speech tomorrow.

"We delivered solid results in Q2 FY26. Transactions and units helped drive top-line performance globally. We maintained our operating discipline, managing inventory levels while driving progress on our financial framework," the company said in a news release posted on its website.

The food discounts were part of 7,400 temporary price reductions during the quarter, company executives told investors.

Walmart is putting emphasis on growth of ecommerce sales. Data shows that this push isn't hurting the company's physical stores, suggesting potential market share gains.

According to a filing with the U.S. Securities and Exchange Commission dated August 19, 2025, Advisory Services Network, LLC increased its position in Walmart ( WMT -4.19%) by 1,037,777 shares during Q2 2025. The estimated value of the transaction was $98.75 million. The firm reported holding 1,280,829 shares as of June 30, 2025.

Walmart reported strong second-quarter results, exceeding expectations and outperforming competitors like Target. Comparable sales rose by 4.6%, fueled by both established stores and online channels.

Analysts and retail investors broadly expect smooth sailing for Walmart, ahead of its quarterly results early Thursday morning, even as they expect to dig into the company's comments on the consumer economy amid mixed signals.