Walmart remains committed to low prices despite tariffs, shares rise 9.6%.

From Yahoo Finance: 2025-04-09 07:02:00

Walmart reaffirmed commitment to low prices despite Trump’s tariffs. Shares rose 9.6% after Trump’s 90-day pause on tariffs. CEO McMillon confident in managing turbulent times. Walmart not impacted by tariffs on China yet. Company sourcing 2/3 of goods domestically. First-quarter forecast remains, but operating income growth range widened due to tariffs. Walmart CFO unsure about predicting operating income. March sales volatile due to tariffs and colder weather. April expected to be highest grossing sales month. Trump temporarily lowers tariffs on many countries. Walmart remains confident in its plan and strategy.



Read more at Yahoo Finance: Walmart backs annual forecasts, vows to keep prices low despite tariffs