Walmart Becomes Biggest Retailer Yet
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Walmart's quarterly profits decreased due to tariffs enacted by President Donald Trump, prompting the retailer to plan price increases. Despite robust sales and a 22% rise in global e-commerce, future sales are concerning retailers as tariffs on China challenge Walmart's low-price model.
Walmart's growth slows as margins face pressure from FX and tariffs, while valuation appears stretched, signaling limited upside. Learn more on WMT stock here.
New tariffs are hitting the retail sector, but Walmart says it won’t pass the cost to Louisiana shoppers just yet.
The retailer, however, kept its annual sales and profit forecast intact for fiscal 2026. It continues to expect adjusted earnings per share for the fiscal year ending January 2026 in the range of $2.50 to $2.60 and annual sales to rise between 3% and 4%.
Tariffs are a quiet tax that hurts small businesses already facing rising costs, broken supply chains, and labor pressure.
President Trump on Thursday claimed India has offered to drop tariffs on US goods as part of a potential trade deal. Speaking at a business event in Qatar, he claimed India is "willing to literally charge us no tariff.
Related: Walmart makes drastic decision amid tariff threats A number of major retailers have reassured consumers that they're ready for tariffs and have strategies in place to mitigate them. But at the end of the day,