WMT earnings — 2026-08-20

Walmart printed its fiscal Q2 (FY2027) before the open and the stock closed $103.84, −9.15% on 3.8× average volume, RSI 29.4 — the worst day in the retail cohort and the print the tape heard as a miss.

What the news pass carried (Reuters / Google Finance summaries, 2026-08-20): operating income rose 17.4%, helped by tariff refunds, and management raised the full-year outlook while planning broad price rollbacks funded by those refunds — but the quarter showed a rare U.S. comparable-sales miss, the slowest domestic sales growth in more than six years, and third-quarter EPS guidance below expectations. The market priced the comp miss and the guide, not the raise.

Read-through on the day: XRT −2.36%, COST −2.45%, HD −2.85%, TJX −2.64% (RSI 26.6), AMZN −2.16%; TGT −0.47% held after its own beat-and-raise on 08-19. A staples bellwether guiding down on U.S. comps is a consumer read, not a Walmart-specific one — the whole lane repriced with it.

Structured actuals (EPS / revenue / surprise) land from the desk's earnings series; this body carries the reaction and the named coverage.

Sources

• latest (news pass, 2026-08-20)
• • (2026-08-20 close)