“Walmart stock tumbles 9% after outlook disappoints Wall Street”
November 10, 2026
“Walmart beat Wall Street expectations for its fiscal second-quarter sales and hiked its full-year outlook.
CFO John David Rainey told CNBC the retailer was eligible to get $2.9 billion in tariff refunds and has just under $100 million yet to receive. He said Walmart plans to use those refunds to lower prices.
Walmart also said it saw another quarter of strong e-commerce and membership growth…”
https://www.cnbc.com/2026/08/20/walmart-wmt-q2-2027-earnings.html