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Walmart Pulls Quarterly Profit Forecast as Trump’s Tariffs Take Effect

The retailer cites supply chain uncertainty from steep duties on Chinese and Vietnamese imports but reaffirms its full-year growth outlook.

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  • Walmart has withdrawn its first-quarter operating income forecast, citing the immediate impact of new tariffs imposed by the Trump administration.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.

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