See every side of every news story
Get Started
SubscribeLogin
Hamas
Donald Trump
Ukraine War
Israel-Hamas Conflict
Volodymyr Zelenskyy
Elon Musk
Basketball
Artificial Intelligence
Climate Change
Premier League
Vladimir Putin
US Politics
Published • loading... • Updated

Walmart earnings top estimates, but retailer wouldn’t be ‘immune’ from looming Mexico and Canada tariffs

  • Walmart confirmed it will implement price cuts on thousands of items this month to help customers save money, as stated by CEO Doug McMillon.
  • Walmart's adjusted earnings forecast for the fiscal year ending January 2026 is lower than expectations, indicating potential slow consumer spending, according to Brian Mulberry.
  • Despite slower guidance, Walmart remains optimistic about U.S. Shoppers focusing on value, as reported by CFO John David Rainey.
  • President Donald Trump’s tariffs on goods from Canada and Mexico were discussed during Walmart's earnings call, raising concerns over future costs.
Insights by Ground AI
Does this summary seem wrong?

61 Articles

All
Left
10
Center
18
Right
4
WSPAWSPA

See inside Walmart’s new high-tech distribution center in Spartanburg Co.

SPARTANBURG COUNTY, S.C. (WSPA) - Walmart is looking to hire up to 200 additional employees for a new high-tech grocery distribution center in Spartanburg County. The 725,000-square-foot facility will distribute perishable items such as produce, dairy, flowers and frozen goods to more than 100 Walmart stores in our area. General manager James Bright said the facility is what they call "98% automated." He said the center allows for more problem-s…

·Savannah, United States
Read Full Article
BloombergBloomberg

Walmart’s Cautious Forecast and What It Means for the Economy

Get caught up.

·United States
Read Full Article
MarketWatchMarketWatch

Stocks saw some pressure because Walmart guidance renewed worries about consumers

U.S. stocks wavered Thursday after a strong run, as weak guidance from Walmart underlined nagging worries about the health of the American consumer.

·United States
Read Full Article
The US SunThe US Sun

Walmart CEO reveals shoppers will see mega price cuts at stores nationwide

WALMART has confirmed customers should see price cuts and discounts nationwide this month. The retail giant is making the money-saving move on a staggering number of items. GettyWalmart is cutting prices on thousands of items (stock image)[/caption] GettyCEO Doug McMillon discussed the money-saving move recently (stock image)[/caption] CEO Doug McMillon cited the slash on costs for customers as a huge part of what’s “driving our growth,” during …

Read Full Article
Fast CompanyFast Company

Walmart stock price falls on disappointing forecast, but the retail giant is not worried about tariffs

Walmart shares fell early trading on Thursday after it posted its fourth-quarter earnings results. Despite an increase in sales, the retail giant said it expected profit growth to slow during this fiscal year. E-commerce sales increased 20% in the United States while revenue for the fourth quarter was up around 4%, according to Walmart’s earnings release. Growth in store pickups and speed of home deliveries—as well as share gains primarily from …

Read Full Article
Inc.Inc.

Walmart’s Gloomy Sales Forecast Shows Customers Are Still Feeling the Inflation Squeeze

The company’s earnings forecast for the fiscal year fell below analysts’ expectations.

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 56% of the sources are Center
56% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Forbes broke the news in United States on Thursday, February 20, 2025.
Sources are mostly out of (0)

Similar News Topics

Walmart

Walmart

Donald Trump

Donald Trump

Business

Business

Wall Street

Wall Street

US Economy

US Economy

Economy

Economy

Inflation

Inflation

News
For You
Search
BlindspotLocal