Walmart is expected to report a consensus revenue of $186.7 billion and adjusted EPS of $0.74 for the quarter ending July 31, with the stock trading near $115.72 against an average analyst price target of $138.56.
Investors are primarily focused on U.S. comparable-store sales growth, which analysts expect to moderate to approximately 3.5% as consumers increasingly trade down into value-priced goods.
While grocery and health segments remain resilient, concerns persist regarding the sustainability of discretionary spending amid elevated gasoline prices and cautious consumer sentiment. Analysts are also watching for the continued expansion of high-margin revenue streams, such as global advertising and e-commerce, to provide profit leverage even as core retail traffic growth slows.