Walmart Inc. WMT delivered a fiscal second-quarter earnings beat, broad digital growth and a higher full-year outlook. The results strengthened the operating story as faster-growing businesses continued to improve the revenue mix. The next test is profit conversion. Rising expenses, heavier capital spending and planned price investments could keep near-term operating leverage from matching the pace of sales and digital gains. Walmart's Q2 Beat Shows Broad-Based Strength Second-quarter revenues increased 5.9% year over year to $187.9 billion, topping the Zacks Consensus Estimate of $186.3 billion. Adjusted earnings rose 19.1% to 81 cents per share and beat the consensus estimate of 73 cents. Walmart Inc. Revenue (Quarterly)Walmart Inc.
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