Earnings Feed

WOOF

Consumer

Adjusted EBITDA rose $30 million to $114 million, expanding nearly 220 basis points to 7.6% of sales.
Free cash flow exceeded $50 million for the quarter, significantly above prior year.
Gross margin expanded by over 120 basis points to 39.3%, driven by disciplined pricing and promotional strategies.
Inventory was managed well, ending 9.5% below last year while improving in-stock levels.
Operating income increased by $41 million year-over-year to $43 million.
Q2 net sales declined 2.3% with comparable sales down 1.4%, reflecting strategic shift away from unprofitable sales.
SG&A expenses decreased by $36 million year-over-year, leveraging more than 150 basis points.
U.S. store count reduced to 1,388 after 35 net closures since 2024.

WMT

Consumer

Adjusted EPS increased 1.5% to $0.68, excluding discrete charges related to legal and restructuring matters.
Adjusted operating income grew 0.4% in constant currency, below expectations due to $450 million higher claims expense.
Consolidated Q2 revenue increased 5.6% in constant currency, driven by strong sales growth across all segments.
E-commerce sales grew 25% globally, with Walmart US and Sam's Club US leading at 26%.
Gross margin increased 4 basis points reported, 9 basis points adjusted excluding a $80 million restructuring charge.
International sales grew 10.5% in constant currency, led by China (30%), Walmex, and Flipkart.
Sam's Club US comp sales ex fuel increased 5.9%, driven entirely by unit growth.
Walmart US comp sales grew 4.6%, with strength in apparel, media, gaming, and automotive categories.