US Supermarket Giant Walmart, Warns Of Price Increase From Tariffs

Quick Summary:

Walmart on Thursday reported mixed results for its fiscal first quarter ending April 30, narrowly missing revenue expectations as the retailer signaled that rising tariffs are likely to lead to higher prices for consumers.

Walmart’s revenue for the quarter totaled 165.61 billion U.S.dollars, up 2.5 percent from a year ago but slightly below analysts’ expectations of 165.84 billion dollars.

According to the Federal Reserve, tariffs have added approximately 0.3 percent to overall prices this year.

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Article Details

Author / Journalist: Editor

Category: EconomyBusiness

Markets: MalaysiaChinaColombiaCosta RicaMexicoPeruUnited StatesVietnam

Topics: Walmart Global News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-16 @ 06:50:15 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 704 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Business Today

News ID: 28741249

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