Walmart Reports “Best Q1 In Nine Years”, Warns Tariffs Will Lead To Higher Prices

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Walmart unofficially closed first quarter earnings season when it reported Q1 results that were mixed, with revenue missing and EPS beating, however the overarching concern is that Chinese tariffs could soon force the retailer to raise its famously low prices or sacrifice its bottom line.

Walmart reported adjusted Q1 EPS of $1.13, beating expectations of $1.02, and down 1 cent from a year ago, even though revenues of $123.925BN (up 1.0% Y/Y), missed consensus of $124.99BN. A concern to investors

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