Walmart reported its second-quarter earnings, revealing a significant revenue growth of 4.8%, driven by increased consumer demand for low prices as shoppers flock to its stores. However, the retail giant also noted that tariff-related costs are rising each week, affecting its profit margins and leading to a rare earnings miss. Despite these challenges, Walmart raised its annual sales forecast, indicating strong momentum in sales as it continues to attract budget-conscious consumers amidst higher prices driven by tariffs. Executives expressed optimism about future performance, although the stock dipped following the earnings report due to concerns over the ongoing impact of escalating tariffs.