Overview
- Walmart has withdrawn its first-quarter operating income forecast, citing the immediate impact of new tariffs imposed by the Trump administration.
- The tariffs include a 104% duty on imports from China and a 46% levy on those from Vietnam, creating significant cost pressures for retailers.
- Despite near-term uncertainty, Walmart maintains its full-year guidance, expecting net sales growth of 3% to 4% and adjusted operating income growth of 3.5% to 5.5%.
- The company emphasized its commitment to managing costs and keeping prices low for consumers during this volatile period.
- China has announced retaliatory tariffs on U.S. goods, escalating tensions in the global trade dispute.