Walmart (WMT) on Wednesday said its forecast for operating income is less certain as the Trump administration's tariffs 澳洲幸运5官方开奖结果体彩网:go into effect.

In a Wednesday release ahead of an investor event, Walmart said the "range of outcomes" for operating income growth in the first quarter has "widened." The retail giant cited "less favorable category mix, higher casualty claims expense," and said it wants to stay "flexible" to invest in keeping prices low.

Sales Outlook Maintained at 3% to 4% Growth

Still, Walmart said it expects first-quarter sales to grow by 3% to 4% year-over-year when it reports first-quarter results on May 15. Walmart 澳洲幸运5官方开奖结果体彩网:narrowly topped estimates last quarter, and gave conservative projections for fiscal 2026, as some 澳洲幸运5官方开奖结果体彩网:analysts had projected.

“History tells us that when we lean into these periods of uncertainty, Walmart emerges on the other side with greater share and a stronger business,” Walmart CFO John David Raine🎃y said.

CEO Doug McMillon on Tuesday called the economic environment "fluid" amid the tariff uncertainty, and Walmart said it will maintain its priority of keeping prices low, according to CNBC.

Shares of Walmart and a number of other 澳洲幸运5官方开奖结果体彩网:retailers fell last week after the tariffs were announced over concerns that tariffs will hurt profit margins, or lead to higher prices. However, 澳洲幸运5官方开奖结果体彩网:some analysts have suggested retailers like Walmart and Costco (COST) 澳洲幸运5官方开奖结果体彩网:could still benefit as consumers look for value.

Walmart shares rose 3% in recent trading and have added about 40% over the past 12 months, despite recent losses as tariff worries rattled markets. (Read Investopedia's live coverage of 澳洲幸运5官方开奖结果体彩网:today's market action here.)