Walmart Inc. is among the S&P 500 index’s biggest decliners Thursday after the discount-retail giant reported second-quarter profits that missed Wall Street expectations. However, the Bentonville, Ark.

Shares of Walmart are trading more than 5% lower following the world’s largest retailer’s quarterly earnings release. The results, announced this morning, triggered a selloff that pushed the stock below key technical support levels.

Walmart's results WMT.N on Thursday show U.S. consumers across the spectrum are still flocking to the retailer's stores despite economic headwinds, but shares dipped as the company's margins ebbed and inventory costs rose.

The company marked a milestone in May — posting its first profitable quarter for its e-commerce business in the U.S. and globally.

The world’s biggest retailer posted quarterly revenue of $177.4 billion — a hefty 4.8% jump that sailed past Wall Street’s $175.9 billion target.

Wall Street's main indexes fell on Thursday as investors awaited monetary policy clues from the Federal Reserve's annual economic symposium, while big-box retailer Walmart's quarterly results dampened sentiment.

According to a filing with the U.S. Securities and Exchange Commission dated August 19, 2025, Advisory Services Network, LLC increased its position in Walmart ( WMT -4.19%) by 1,037,777 shares during Q2 2025. The estimated value of the transaction was $98.75 million. The firm reported holding 1,280,829 shares as of June 30, 2025.

The food discounts were part of 7,400 temporary price reductions during the quarter, company executives told investors.

Walmart increases discounts with over 7,400 rollbacks and 30% more grocery discounts in Q2, driving 4.6% same-store sales growth amid economic uncertainty