Hardware Retailing The Industry's Source for Insights and Information
Walmart released its Q2 fiscal year 2026 financial results, posting new sales of $120.9 billion, a 4.8% increase year over year. Comparable sales for the second quarter were $5.5 billion, a 0.4% increase year over year.
Walmart attributes the increase in net and comparable sales to consumers responding to increased convenience with ecommerce and rollbacks in pricing. E-commerce grew 26% in Q2, with sales through store-fulfillment increasing 50%.
The company also updated its fiscal year 2026 financial guidance, predicting a net sales increase of 3.75 to 4.75%, which was previously 3 to 4%.
