Competition, retail and supply chains, work and the regulation of trade.
The retailer reported second-quarter net earnings of $1.877 billion, with $994 million in tariff refunds contributing $752 million to net earnings, while comparable sales grew 3.8 percent and it raised full-year guidance.
Nike recognized $986 million in IEEPA tariff recovery while TJX and Walmart improved margins, though results varied across the retail sector in fiscal 2026.
The consumer goods company forecasts earnings growth of 0–3% as higher energy, transportation and raw material costs will reduce earnings by $1 billion after-tax.
Walmart's 21 May first-quarter release forecast second-quarter net sales growth of 4% to 5% and adjusted operating income growth of 7% to 10%, both in constant currency, and left the fiscal 2027 outlook unchanged.
The Competition and Markets Authority opened investigations into 14 businesses and focused enforcement on drip pricing, fake reviews and online choice architecture under powers granted by the Digital Markets, Competition and Consumers Act 2024.
The UK competition regulator consolidated its approach to market reviews into a single document, applying new principles to all market studies and investigations.
