Walmart Drops Q1 Outlook As Trump’s Sweeping Tariffs Take Effect, Retailer Says It Needs Flexibility To React To Trade Uncertainty

Walmart withdrew its fiscal first-quarter operating income outlook on Wednesday, according to CNBC. The retail giant cited uncertainty from sweeping new tariffs imposed on China, Vietnam, and other key manufacturing nations. Walmart maintained its first-quarter sales forecast of up to 4% growth and reaffirmed its full-year guidance. CEO Doug McMillon acknowledged the volatile environment, stating the company will focus on price, inventory, and expense control as it navigates the trade disruption.