Walmart Tops Q1 Expectations But Warns of Price Hi…
From Financial Modeling Prep: 2025-05-15 20:37:00
Walmart (NYSE:WMT) reported better-than-expected first-quarter earnings and strong same-store sales. Earnings per share were $0.61, surpassing the forecast of $0.58. U.S. comparable sales rose 4.8%, higher than the expected 4.1%. Revenue increased by 2.5% to $165.51 billion.
Despite the positive results, Walmart did not provide earnings guidance for the current quarter due to uncertainty around tariffs. The retailer projected net sales growth of 3.5% to 4.5% for the period. For fiscal 2026, Walmart maintained its full-year forecast for adjusted EPS between $2.50 and $2.60 and net sales growth of 3% to 4%.
The possibility of price hikes due to increased tariffs overshadowed Walmart’s strong performance, causing concerns about potential consumer pricing pressure in the coming months.
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