Investors were unhappy with Walmart's latest updates, which showed mediocre U.S. comparable sales growth and cautioned that high inflation could disrupt shopping. Walmart reports fiscal third-quarter 2027 earnings (ended Oct. 31) on Nov. 19, and the stock, trading at a P/E ratio of about 45, is currently rising ahead of the report. In the second quarter, U.S. comps rose 2.6%, while total sales grew 5.9% and operating income grew 29%. The author notes that the stock's moves after the last four reports did not follow results consistently, and concludes there is no need to rush into the stock before the report, though long-term investors can feel comfortable investing at any time.
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