The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Walmart is pulling its first-quarter operating income outlook due in part to tariff-related concerns.
Walmart (WMT) on Wednesday said its forecast for operating income is less certain as the Trump administration's tariffs go into effect.
Walmart Inc (NYSE:WMT, ETR:WMT) has pulled its operating income forecast for the first quarter of fiscal 2026 due to uncertainties surrounding the impact of US president Donald Trump's sweeping tariffs on imports from countries like China and Vietnam. These tariffs, which include rates as high as 104% on Chinese imports and 46% on Vietnamese goods, are expected to significantly affect Walmart's supply chain and pricing strategies.
Walmart reaffirmed its first-quarter sales guidance and widened its range for operating income growth to stay flexible on pricing as tariffs go into effect.
Despite macroeconomic challenges, WMT's strategic investments in e-commerce and delivery support its long-term growth outlook.
Walmart+ members drove nearly half of the total spent across Walmart's website and app in the U.S. in the most recent fiscal year, the company told CNBC. The membership program is an example of the newer moneymakers that have allowed Walmart to grow profits faster than sales.
Walmart (WMT -4.77%) investors have had an incredible run since the pandemic started roughly five years ago. The retailer's share prices have more than doubled since mid-June 2022, tripling the broader market's comparable performance.
Walmart (WMT -4.77%) is one of the largest retailers in the world. It has achieved massive success with its large format box stores, Sam's Club stores, and its smaller grocery store locations.
Walmart's (WMT -4.77%) stock has rallied nearly 50% over the past 12 months as the S&P 500 rose 6%. The retail giant outperformed the market even as concerns of higher tariffs, sticky inflation, and elevated interest rates dragged down other stocks.
The Trump administration announced widespread tariffs on April 2, saying it aimed to level the playing field for America in global trade. The new policies levy a 10% tariff on all imports, with higher "reciprocal" tariff rates applied to a list of "the countries with which the United States has the largest trade deficits.
Walmart is considering joining a group of investors to buy short video app TikTok, ABC News reporter Selina Wang said in a post on X on Friday.