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Event Brief

Walmart stock drops 9% after outlook disappoints

Walmart shares fell about 9% after the company’s outlook disappointed Wall Street. The move comes ahead of Walmart’s fiscal second-quarter earnings report on Thursday, which is expected to offer a read on consumer conditions and the “K-shaped” economy.
WHO: Wall Street
WHAT: Walmart stock tumbled about 9% after the company’s outlook disappointed investors ahead of its fiscal second-quarter earnings.
WHEN: Reported Aug 20, 2026 at 4:01 PM ET
WHERE: USA
WHY: Investors reacted to Walmart’s outlook, which disappointed Wall Street ahead of the upcoming earnings report.

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