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Walmart reaffirms annual forecasts
Apr 9, 2025 4:27 AM

April 9 (Reuters) - Walmart ( WMT ) is sticking to its

annual sales and operating income growth forecast, the retailer

said ahead of its investor day on Wednesday.

The retailer had in February forecast annual sales to rise

between 3% and 4% and adjusted operating income to increase

between 3.5% and 5.5%.

The unchanged forecasts comes amid uncertainty regarding the

impact of Trump's slew of tariffs mainly on Asian countries that

supply everything from clothing to toys to Walmart ( WMT ).

On Wednesday, these "reciprocal" tariffs on dozens of

countries

took effect

including 104% duty on Chinese goods, deepening the global

trade war.

Walmart ( WMT ) shares, which have fallen nearly 9% since new tariff

announcement on April 2, fell 2.7% in premarket trading.

(Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by

Anil D'Silva)

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