Walmart Q2 Comparable Sales Miss Estimates; Gross Profit Rate +96bps YoY To 25.4%, Led By Walmart U.S., Primarily Driven By Tariff Refunds, Partially Offset By Price Investments And Higher Fuel Costs In Distribution And Fulfillment; Inventory +6.3% YoY, Increase Is Due Primarily To Strategic Initiatives And Inflation
Walmart Q2 Comparable Sales Miss Estimates; Gross Profit Rate +96bps YoY To 25.4%, Led By Walmart U.S., Primarily Driven By Tariff Refunds, Partially Offset By Price Investments And Higher Fuel Costs In Distribution And Fulfillment; Inventory +6.3% YoY, Increase Is Due Primarily To Strategic Initiatives And Inflation
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