Back in May, Walmart already offered up a major warning on prices amid Trump’s reciprocal tariffs hit. Three months later now, we’ll have to see what becomes of that and if that warning lives up to the billing for the largest retailer in the US.
For some context, about a third of products that Walmart sells comes from other parts of the world. The biggest markets that Walmart does business in importing from are China, Mexico, Canada, India, and Vietnam to name a few. And those names are some of the bigger ones that Trump has been in conflict with on tariffs.
All that being said, Walmart continues to be a place that prides itself on value. And given its size and stature, it stands to reason that one can expect them to brave through the tariffs storm much better than most other retailers.
In terms of estimates, market analysts are looking for $0.74 in terms of EPS and $176.2 billion in terms of revenue.
The numbers will be one thing but I reckon Walmart’s take and view towards the US consumer and inflation outlook will matter more today.
This article was written by Justin Low at investinglive.com.