business
Are big retailers going to share their billions of dollars in tariff refunds?
Summary by The Waco Editorial Desk · Byline on the source page: Stephanie Liebergen , as published by KXXV (ABC 25) News
· August 21, 2026
· 1 min read
Photo: KXXV (ABC 25) News · view original
Story provenance No corrections
Summary created by The Waco Editorial Desk — automated, rule-governed Byline on source page Stephanie Liebergen, as published by KXXV (ABC 25) News Original story Read at the source Source published Aug 21, 2026 Indexed here Aug 21, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points 6% in the second quarter, the slowest in six years. A large amount of money was refunded, with one retailer receiving nearly $3 billion and another getting almost $1 billion.
A major retailer's quarterly earnings report has been released, showing a mixed picture. Sales growth at US stores was 2.6% in the second quarter, the slowest in six years. This growth is still present, but at a slower rate.
The company's profit and revenue exceeded expectations, thanks in part to significant tariff refunds. A large amount of money was refunded, with one retailer receiving nearly $3 billion and another getting almost $1 billion.
Further details on the earnings report are available, including the impact of tariff refunds on the company's financials.
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KXXV (ABC 25) News reported and published this story. The Waco selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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As published by KXXV (ABC 25) News . The Waco selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: business ·
Published: August 21, 2026 ·
Source: KXXV (ABC 25) News ·
Reading time: 1 min
Frequently asked about this story
What is this story about? A major retailer's quarterly earnings report has been released, showing a mixed picture. Sales growth at US stores was 2.6% in the second quarter, the slowest in six years. This growth is still…
When was this published? This article was first published on August 21, 2026 by KXXV (ABC 25) News and curated for The Waco readers.
Who reported this story? This story was reported by Stephanie Liebergen at KXXV (ABC 25) News. To learn more about how The Waco selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Waco, or browse our daily briefing and topic hubs .
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