Walmart is gearing up for a shift in consumer behavior as artificial intelligence begins to take a more active role in how people shop.
Walmart tops earnings and revenue estimates but warns of price hikes.
Walmart will soon offer delivery in three-hours or less to 95% of the US population. Its delivery business is also profitable for the first time, executives said on Thursday.
WMT's Q1 results and strategic growth areas reinforce long-term strength, but challenges like tariffs and currency headwinds cloud short-term visibility.
Key Takeaways
Walmart Inc. (NYSE:WMT ) Q1 2026 Earnings Conference Call May 15, 2025 8:00 AM ET Company Participants Steph Wissink - SVP, IR Doug McMillon - CEO John David Rainey - CFO John Furner - CEO, Walmart U.S. Chris Nicholas - CEO, Sam's Club Kath McLay - CEO, Walmart International Conference Call Participants Paul Lejuez - Citigroup Simeon Gutman - Morgan Stanley Christopher Horvers - JP Morgan Peter Benedict - Baird Brad Thomas - KeyBanc Capital Markets Michael Lasser - UBS Edward Kelly - Wells Fargo Kate McShane - Goldman Sachs Scot Ciccarelli - Truist Securities Robby Ohmes - Bank of America Rupesh Parikh - Oppenheimer David Bellinger - Mizuho Securities Greg Melich - Evercore ISI Krisztina Katai - Deutsche Bank Operator Greetings. Welcome to Walmart's First Quarter Fiscal Year 2026 Earnings Call.
The company's announcement on tariffs sends a clear signal that higher prices are on the way.
Reporting its Q1 results this morning, Walmart (WMT) exceeded expectations but warned that its prices will rise as the retailer can't avoid passing on the high costs of tariffs to its customers.
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Bill Simon, who ran Walmart from 2010 to 2014, suggests the company may be overstating challenges tied to tariffs.
Higher tariffs could jeopardize Walmart's profits in the year ahead even if the retail giant hits its sales goals, executives said Thursday.
Walmart says tariffs remain "too high," even after recent reductions. The company warned that it will have to raise some prices if import costs don't come down further.