TradingKey - Walmart (WMT) delivered a second-quarter earnings report that looked impressive on the surface but revealed clear underlying concerns. The company's revenue and adjusted earnings per share both exceeded market expectations, and its full-year outlook for sales and operating profit was also raised. However, U.S. same-store sales growth slowed to its lowest level in more than six years, and third-quarter earnings guidance fell short of expectations, raising concerns among investors that its growth momentum is slowing down.

TradingKey - The impact of Bessent’s intervention in the bond market faded, while Trump’s threat of sanctions against Iran pushed up oil prices and reignited inflation concerns. At the close, the Dow Jones Industrial Average fell 1.32% to 52,759.21; the Nasdaq Composite Index dropped 1.00% to 26,06

Walmart (WMT) reported second-quarter sales before the U.S. market open that exceeded Wall Street expectations and raised its full-year performance forecast. However, full-year earnings per share (EPS) guidance came in below expectations, sending its stock down by around 10%.

TradingKey - Walmart (WMT) is scheduled to report its second-quarter fiscal 2027 financial results before the market open on August 20 ET. The market currently expects Walmart's Q2 revenue to range between approximately $186.3 billion and $186.9 billion, representing a year-over-year increase of about 5% to 6%, with adjusted earnings per share (EPS) estimated at $0.73 to $0.74. Walmart's previously issued quarterly guidance projected net sales growth of 3.5% to 4.5% and adjusted EPS of $0.72 to $0.74.

WMT reports Aug 20 at 6am CT. Q1: Revenue $177.8B (+7.3%), e-commerce +26%, advertising +37%, comp sales +4.1%. Consumer sentiment fell to 51.0 (down from 55.2). Can Walmart take share in weakening consumer? Jackson Hole (Aug 21-22) follows day after.

TradingKey - In the coming week (August 17 to August 21), the US market's focus will be on the minutes of the July monetary policy meeting. The US will also release key data, including housing starts, building permits, industrial production, initial jobless claims, the Philadelphia Fed Manufacturing Index, the Conference Board Leading Economic Index, and preliminary August PMI values.
