Walmart has pulled its financial guidance for the first quarter due to uncertainty over the impact of tariffs on global goods. The retailer cited sweeping tariffs imposed by President Donald Trump as the reason for its decision.
Tariffs on China will be higher at 125%, while those on other countries are 10%. Despite this, Walmart expects sales to grow by up to 4% during the quarter and reaffirmed its full-year guidance. The company is confident it can navigate tariffs and a growing possibility of recession.
Walmart’s finance chief, John David Rainey, said the retailer sees opportunities to accelerate share gains while investing in price adjustments. Investors believe Walmart’s scale, tech capabilities, and supply chain prowess make it better positioned to handle tariffs.
Analysts note that Walmart’s size and supplier base will help keep prices down for customers despite rising costs from tariffs. The company is well-positioned to manage through volatility, according to Evercore ISI analyst Greg Melich.
Source: https://edition.cnn.com/2025/04/09/business/walmart-tariffs-stock/index.html