Tariffs aren’t keeping Walmart from attracting shoppers and outpacing Target

Walmart powered through an uncertain economic environment and tariff concerns to deliver solid second-quarter financial results Thursday, showing it keeps pulling in shoppers and outpacing peers like Target.

The nation’s largest retailer reported a 4.6% quarterly increase in comparable sales – those coming from established stores and online channels. Company executives said Walmart was attracting customers, particularly higher-income shoppers who may have avoided its stores in the past, with fast deliveries, grocery discounts and trendier clothes.