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

  • Walmart plans to cut prices on thousands of items this month, as confirmed by CEO Doug McMillon during an earnings call.
  • Walmart's projected earnings for the fiscal year ending January 2026 fell short of analysts' expectations, indicating potential challenges ahead.
  • John David Rainey, CFO, noted that while some food items are seeing inflation, Walmart aims to keep prices low for customers.
  • Walmart's total US comparable sales rose 4.6% in the fourth quarter, surpassing analyst expectations of a 4.15% increase.
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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
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BloombergBloomberg

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

Get caught up.

·United States
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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
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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 …

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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 …

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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.

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Forbes broke the news in United States on Thursday, February 20, 2025.
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