Walmart warns on Trump tariff risk to profits

Walmart warns on Trump tariff risk to profits

Walmart (WMT) is mostly staying the course with its full year profit outlook despite Trump tariffs being in full effect and economic uncertainty on the rise.

The retail giant said Wednesday it continues to expect first quarter sales growth of 3% to 4%. But it slightly walked back its first quarter operating profit growth guidance for an increase of 0.5% to 2%, citing tariff risk.