NEW YORK — Walmart Inc. powered through an uncertain economic environment and tariff concerns to deliver solid second-quarter financial results, showing it keeps pulling in shoppers and outpacing peers like Target.
The nation's largest retailer on Thursday reported a 4.6% quarterly increase in comparable sales — those coming from established stores and online channels. Company executives said Walmart was attracting customers , particularly higher-income shoppers who may have avoided its stores in the past, with fast deliveries, grocery discounts and trendier clothes.
The company , based in Bentonville, Arkansas, also raised its annual profit and sales outlook.
Walmart's results differed notably from those of rival Target , which on Wednesday reported another quarter of compa