Retail giant Walmart saw profits exceed expectations this quarter, thanks in part to significant tariff refunds. The company's sales growth was relatively slow, with a 2.6% rise in US store sales. This marks the slowest quarterly growth in six years.

The tariff refunds were substantial, with Walmart receiving $2.9 billion and Target getting $994 million. These refunds likely contributed to the companies' positive earnings reports.

Further details on the quarterly earnings and tariff refunds are available, providing a mixed picture of the retail landscape.