Walmart Q2 results: Sales rise 4.6% as shoppers flock and e-commerce booms; Target lags amid tariff pressures

Walmart reported strong second-quarter results, exceeding expectations and outperforming competitors like Target. Comparable sales rose by 4.6%, fueled by both established stores and online channels. The company is attracting higher-income shoppers with faster delivery and discounts. Despite a slight dip in stock due to settlement costs, Walmart raised its annual sales and profit outlook, projecting continued growth and operational efficiency.