Markets· August 17, 2026 at 04:01 a.m.
Big Box Retailers Report Second-Quarter Earnings: Walmart, Target Expected to Show Growth
Key takeaways
- Target expected to report a 13% increase in earnings per share
- Walmart projected to show a 9% gain in earnings
- Home Depot and Lowe's facing challenges due to elevated interest rates and low housing turnover
This week, several big box retailers are set to share their second-quarter earnings, with analysts predicting a 13% increase in earnings per share and 4% growth in revenue for Target on Wednesday. Walmart's expected earnings and revenue growth is 9% and 5%, respectively, when it reports on Thursday. The retail giants have seen an uptick in sales due to value-conscious consumers.
