Bentonville, Arkansas-based Walmart Inc. (WMT) operates discount stores, supercenters, and neighborhood markets. With a market cap of $870.1 billion, the company offers merchandise such as apparel, housewares, small appliances, electronics, musical instruments, books, home improvement, shoes, jewelry, toddler, games, household essentials, pets, pharmaceutical products, party supplies, and automotive tools. The retail giant is expected to announce its fiscal second-quarter earnings for 2027 before the market opens on Thursday, Aug. 20.
Ahead of the event, analysts expect Walmart to report a profit of $0.74 per share on a diluted basis, up 8.8% from $0.68 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.