Walmart Inc WMT Shares are trading higher on Thursday after the company reported strong second-quarter 2025 results and raised its full-year guidance.

The retailer reported adjusted earnings per share of $0.67 (+9.8% y/y), beating the $0.64 forecast. Its revenue was $169.34 billion, beating the $168.57 billion forecast.

Walmart expects third-quarter adjusted earnings per share of $0.51 to $0.52 (consensus $0.55) and consolidated net sales growth of 3.25 to 4.25 percent.

JPMorgan Chase & Co. Analyst Christopher Horvers has given WMT an Overweight rating. The analyst expects a positive share price reaction today amid concerns about the consumer market and fears of a slowdown at the end of the second quarter, coupled with strong gross margins that are beating Wall Street expectations in both the U.S. and international markets.

This assumes that management adequately accounts for the aforementioned schedule shift in the third quarter, the analyst writes. Horvers adds that the lack of an increase in implicit estimates for the fourth quarter likely reflects caution about consumer trends and uncertainties in the second half of the year due to known headwinds.

The analyst says the third-quarter forecast takes into account the timing of festive events in the international segment and planned spending, including the impact of FK’s Big Billion Days events, which often take place between the third and fourth quarters (as seen in 2023).

Investors can participate in the share via Vanguard Consumer Goods ETF VDC And SPDR Select Sector Fund – Consumer Staples XLP.

Price promotion: WMT shares rose 6.55% to $73.15 at last check Thursday.

Disclaimer: This content was created in part using AI tools and reviewed and published by Benzinga editors.

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