Stock Market Today, Aug. 20: Walmart Stock Drops on Disappointing Comparable Sales Growth
Walmart's U.S. sales and traffic missed Wall Street expectations, pressuring shares despite a raised full-year outlook, today, Aug. 20, 2026.
Overview
Walmart (NASDAQ:WMT), the global discount retail giant, closed at $103.84, down 9.15%. Fiscal second-quarter results showed slower U.S. comparable sales growth, and investors are scrutinizing forward guidance and consumer demand.
Trading volume reached 83.1 million shares, coming in about 234% above its three-month average of 24.9 million shares.
The S&P 500 (SNPINDEX:^GSPC) fell 0.85% to 7,642, while the Nasdaq Composite (NASDAQINDEX:^IXIC) declined 1.00% to 26,067. Among discount stores and warehouse clubs, omnichannel mass retail peers, Target (NYSE:TGT) slipped 0.47% to $158.25 and Costco Wholesale (NASDAQ:COST) fell 2.45% to $933.51.
Details
Walmart had a strong quarter, with revenue up 5.1% on a constant-currency basis, and the company raised full-year guidance. But there were some less-than-stellar signs under the hood.
Source
Originally published at www.fool.com.