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Benzinga
Benzinga
Business
Lekha Gupta

Walmart Could Return to Its Beat-And-Raise Playbook This Quarter, Analyst Says

Walmart Shifts To Digital Price Tags Across U.S. Stores

Walmart Inc. (NASDAQ:WMT) is scheduled to release its fiscal 2027 second-quarter earnings results on Aug. 20 before the market opens, with Bank of America Securities analyst Christopher Nardone expecting the retail giant could return to a beat-and-raise cycle despite signs of softer spending among lower-income consumers.

Nardone reiterated a Buy rating and $144 price forecast on Walmart ahead of the report. The analyst said accelerating digital sales and improving profit margins could support results even if U.S. comparable-sales growth slows.

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