Walmart offers 30 % more discounts than groceries

Wal Mart, The largest private employer in the countryThe number of discounts it provides, especially in its groceries, has increased, as it looks to compensate for the impact of definitions and attract shoppers.

In the profit report in the second quarter, the retail giant said it offered more than 7,400 “declining”, or discounts, during a three -month period ending in July. Walmart also provided 30 % more discounts compared to the previous year.

The company does not compete with the customs tariff, which has warned that it will force the costs to rise, but also faces the high operating costs. The company had to allocate an additional amount of $ 450 million to cover the insurance costs associated with things such as workplace injuries and responsibility demands, which reduce profits.

Walmart recorded $ 177.4 billion in revenue, an increase of about 5 % over last year, and won Wall Street’s expectations.

USA -Mart sales amounted to $ 120.9 billion in the second quarter, an increase of about 5 % or $ 5.6 billion from last year. Meanwhile, sales in stores increased at least 4.6 %, driven by strong demand in groceries and health products.

Thanks to the partially strong sales growth giant to increase discounts in stores as well as the convenience of electronic offers and e -commerce. 26 % e -commerce sales increased during a quarter.

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The company raised its view of the fiscal year 2026, with sales expected to reach 3.75 % to 4.75 %. The arrow’s profit (EPS) is now expected from $ 2.52 to $ 2.62.

This is a developing story. Check again for updates.