Bentonville, Arkansas-based Walmart Inc. (WMT) runs supermarkets, warehouse clubs, cash and carry stores, and discount stores. With a market cap of $764.9 billion, Walmart operates through Walmart U.S., Walmart International, and Sam's Club segments. The retail giant is expected to announce its second-quarter results on Thursday, August 21.
Ahead of the event, analysts expect Walmart to report a profit of $0.72 per share, up 7.5% from $0.67 per share reported in the year-ago quarter. Moreover, the company has consistently surpassed the Street’s bottom-line estimates in each of the past four quarters.
