FDA urges recall of Walmart shrimp
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This would signify a 10% year-over-year rise in adjusted earnings and a 3% growth in sales compared to last year's figures of 63 cents per
Investors expect Walmart's management to strike a cautious tone on customer demand as the U.S. labor market cools and inflation ticks up, though the company has outperformed its peers over the last year due to its reliance on grocery sales and wealthier customers shopping there more often.
Walmart will report fiscal second-quarter earnings before the bell on Thursday. The largest U.S. retailer warned in May that it would have to raise prices because of President Trump's higher tariffs on imports from other countries.
Tech stocks Palantir, Nvidia, and Intel rise after days of declines. Walmart is scheduled to report quarterly earnings Thursday.
U.S. stock index futures slipped on Thursday, as investors stepped to the sidelines and awaited an earnings report from big-box retailer Walmart and clues on the Federal Reserve's next policy move from a three-day conference in Jackson Hole.