Walmart beats Q2 topline estimates, raises outlook

* Walmart press release [https://seekingalpha.com/filing/10329508] (NYSE:WMT [https://seekingalpha.com/symbol/WMT]): Q2 Non-GAAP EPS of $0.68 misses by $0.06.
* Revenue of $177.4B (+4.8% Y/Y) beats by $3.02B.
* The Company raises outlook for net sales growth to 3.75% to 4.75% and adjusted EPS1 to $2.52 to $2.62 for fiscal year 2026. Adjusted operating income guidance remains unchanged from at 3.5% to 5.5%.
* • Global eCommerce sales grew 25%, led by storefulfilled pickup & delivery and marketplace
* Global advertising business3 grew 46%, including VIZIO; Walmart Connect in the U.S. up 31%
* Membership and other income up 5.4%, including 15.3% growth in membership income globally
* Gross margin rate up 4 bps, led by Walmart U.S.

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