Overview

• Walmart adjusted its operating income guidance for Q1 2025, citing unpredictability from new U.S. tariff policies, including increased levies on China.
• Despite tariff-related challenges, Walmart reaffirmed its Q1 sales growth forecast of 3% to 4%, reflecting resilience in its core business operations.
• The company’s U.S. e-commerce division is trending toward profitability this quarter, marking a major milestone in its omnichannel strategy.
• Efforts are underway to mitigate tariff impacts, including shifting some cost burdens to suppliers while striving to keep consumer prices low.
• CEO Doug McMillon and CFO John David Rainey emphasized Walmart’s long-term strategic confidence, drawing on lessons from past economic crises.