Walmart announced its quarterly earnings report on Thursday. Quarterly sales exceeded Wall Street expectations and raised annual performance guidelines; the company's e-commerce business once again achieved strong growth, and tariff rebates also brought benefits to the performance. In an interview, Chief Financial Officer John David Rainey said, “Our business is performing well, and we are very confident about the progress we have made so far.” The retail company revealed that revenue for the second quarter of this fiscal year rose 5.9% year on year, and global e-commerce sales surged 23%. Walmart's same-store sales in the US increased by 2.6%; affected by the price cap policy for some drugs, the health care business dragged down 0.8% performance, which offset the growth to a certain extent. The market had expected this increase of 3.5%. Walmart expects net sales growth of between 3% and 3.75% in the third quarter, with adjusted earnings per share of $0.62 to $0.64. Looking at the full year, the company expects net sales to increase by 4% to 5%. The previous guidance range was 3.5% to 4.5%; the adjusted earnings per share forecast was raised to $2.80-2.87, compared to $2.75 to $2.85. Renee Lu, Walmart can claim about 2.9 billion US dollars in customs tax rebates. Currently, less than 100 million US dollars have not been paid. The company plans to use this capital to lower the sales price of products for consumers, and the relevant price reduction effects will be reflected in the third quarter.

Walmart announced its quarterly earnings report on Thursday. Quarterly sales exceeded Wall Street expectations and raised annual performance guidelines; the company's e-commerce business once again achieved strong growth, and tariff rebates also brought benefits to the performance. In an interview, Chief Financial Officer John David Rainey said, “Our business is performing well, and we are very confident about the progress we have made so far.” The retail company revealed that revenue for the second quarter of this fiscal year rose 5.9% year on year, and global e-commerce sales surged 23%. Walmart's same-store sales in the US increased by 2.6%; affected by the price cap policy for some drugs, the health care business dragged down 0.8% performance, which offset the growth to a certain extent. The market had expected this increase of 3.5%. Walmart expects net sales growth of between 3% and 3.75% in the third quarter, with adjusted earnings per share of $0.62 to $0.64. Looking at the full year, the company expects net sales to increase by 4% to 5%. The previous guidance range was 3.5% to 4.5%; the adjusted earnings per share forecast was raised to $2.80-2.87, compared to $2.75 to $2.85. Renee Lu, Walmart can claim about 2.9 billion US dollars in customs tax rebates. Currently, less than 100 million US dollars have not been paid. The company plans to use this capital to lower the sales price of products for consumers, and the relevant price reduction effects will be reflected in the third quarter.