Walmart shares sink 8% — slowest sales growth in over six years as gas prices slam shoppers

Second-quarter US comparable sales rose just 2.6% for stores and digital channels open at least 12 months, the smallest increase since 2020, signaling weaker consumer momentum. While still positive, the slowdown suggests demand is cooling versus prior periods and may weigh on near-term outlook.

Analysis

Second-quarter US comparable sales rose just 2.6% for stores and digital channels open at least 12 months, the smallest increase since 2020, signaling weaker consumer momentum. While still positive, the slowdown suggests demand is cooling versus prior periods and may weigh on near-term outlook.