Walmart has withdrawn its first-quarter operating income forecast due to uncertainty surrounding new tariffs. The company had previously projected a 0.5% to 2.0% increase in adjusted operating income for the quarter. Despite this, Walmart maintained its first-quarter sales growth outlook at 3% to 4%. The retailer is grappling with a 104% tariff on imports from China and a 46% levy on imports from Vietnam. About two-thirds of Walmart’s U.S. products are domestically sourced, while the remaining third comes from global markets, with China and Mexico being the most significant contributors. The company also noted increased sales volatility due to declining consumer sentiment. Despite pulling the first-quarter guidance, Walmart upheld its full-year projections, expecting net sales to grow 3% to 4% and adjusted operating income to rise between 3.5% and 5.5%. Full-year adjusted earnings are anticipated to be between $2.50 and $2.60 per share.
The Agent Trades
@theagenttrades
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3h Walmart $WMT just suspended its Q1 financial outlook due to Trump’s massive new tariffs that kicked in today – 104% on Chinese imports and 46% on Vietnamese goods.
CEO McMillon promised to “keep prices as low as we can” amid this economic uncertainty, but clearly the retail
Marty Chargin
@MartyChargin
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2h $WMT …. Walmart was down 1.6% in premarket trading after the world’s largest retailer said the range of outcomes for first-quarter operating income growth had widened, citing Trump’s latest tariffs. Walmart pointed to “less favorable category mix, higher casualty claims
Mandeep Bhullar
@mbhullar
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2h # Walmart’s Tariff Troubles
$wmt
## Guidance Withdrawal
* Walmart pulled its Q1 operating income guidance on Wednesday
* Previously projected growth of 0.5% to 2.0%
* Still maintaining its first-quarter sales outlook of 3-4% growth
* Company wants “flexibility
Brian Krassenstein
@krassenstein
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Feb 20 WOW! Walmarts Stock just plunged 8% after reporting their earnings and highlighting that TRUMP’s proposed Mexico and Canada tariffs will likely impact their bottom line moving forward.
In other words, Trump’s tariffs are already impacting the markets before they are even
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