Walmart announced its second-quarter results for fiscal year 2027, ending July 31, on August 20. Revenue increased by 5.1% year-over-year after adjusting for currency impacts, with U.S. comparable store sales (excluding fuel) growing by 2.6%. Although the company has raised its dividend for 53 consecutive years, making it a "dividend king," analysis suggests its current valuation is high, with a price-to-earnings ratio of 38x, exceeding the S&P 500's 30x, and a dividend yield below 1%.