Walmart Stock News

Walmart keeps hoovering up high-income households.

Corporate executives were taking a wait-and-see approach to President-elect Donald Trump's vow to impose heavy tariffs on imports when he takes office in January, but many have raised concerns about the effect such levies will have on inflation.

Walmart Inc (NYSE:WMT, ETR:WMT) is likely to hike prices if a sweeping range of tariffs proposed by president-elect Donald Trump come into force. Chief financial officer John David Rainey pointed to the inflationary effects of tariffs on customers in an interview following third-quarter results on Tuesday.

Wall Street major averages slipped on Tuesday as increasing geopolitical tensions spooked traders.  At the time of writing, the Dow Jones Industrial Average dipped 0.9%, while the S&P 500 index fell 0.5.

Walmart Inc. (NYSE:WMT ) Q3 2025 Earnings Conference Call November 19, 2024 8:00 AM ET Company Participants Steph Wissink - SVP, IR Doug McMillon - CEO John David Rainey - CFO John Furner - President & CEO, Walmart U.S. Chris Nicholas - President & CEO, Sam's Club Kath McLay - President & CEO, Walmart International Conference Call Participants Kate McShane - Goldman Sachs Michael Lasser - UBS C...

Walmart Inc (NYSE: WMT) rallied into record territory this morning after reporting a strong third quarter as US customers remain resilient heading into the holiday season.

Walmart's CFO said that Trump's proposed tariffs could lead the retailer to raise prices. About one-third of the retailer's products are imported, mostly in non-grocery items.

Walmart is the best Dow Jones stock Tuesday after the retail giant's solid earnings report and outlook and Wall Street thinks it's just getting started. Here's what they're saying.