Walmart withdraws Q1 guidance due to uncertainty over Trump tariffs, shares rise.

From CNBC: 2025-04-09 14:37:00

Walmart scraps first-quarter operating income outlook due to uncertainty over tariffs on China and Vietnam. Sales outlook remains unchanged at 3% to 4% growth. Executives express difficulty predicting operating income in current tariff environment. Shares rise more than 9% following President Trump’s announcement of increased tariffs. Major U.S. companies, including Delta, cite trade war uncertainty affecting bookings and expansion plans. Walmart maintains full-year guidance despite first-quarter uncertainty and challenges with insurance costs and merchandise mix. CEO Doug McMillon acknowledges fluid retail environment in investor presentation.



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