NEW YORK (AP) — Walmart’s competitive prices attracted inflation-weary consumers, resulting in another year of excellent sales and earnings. However, projections for 2025 have been impacted by uncertainty regarding the status of the American consumer and the possible effects of tariffs.
The retail industry was shaken by the financial forecast from the country’s biggest retailer, which has prospered despite obstinate inflation. Walmart anticipates that its profit per share for the upcoming year would be up to 27 cents lower than analysts had predicted. This significant change caused the company’s shares to drop more than 6% at the opening bell.
Additionally, its sales prognosis was mediocre, which might be a sign of difficulties to come as consumers cut back on their spending and President Donald Trump’s tariffs on China and other nations jeopardize Walmart’s low-price strategy, which is the foundation of its success.
