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Walmart Frames Tariffs as Opportunity, Commits to Low Prices

The retail giant said tariffs were opportunity to gain market share while emphasizing its business strategy. Its shares closed up nearly 10 percent.
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Walmart Frames Tariffs as Opportunity, Commits to Low Prices
A shopper looks at merchandise in a Walmart store in Houston, Texas, on Aug. 4, 2021. Brandon Bell/Getty Images
Panos Mourdoukoutas
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Walmart’s shares soared nearly 10 percent during the April 9 trading session after the company maintained its sales outlook and pledged to keep prices low for customers amid economic uncertainty.

In its Investment Community Meeting on April 9, the Bentonville, Arkansas-based retail giant reaffirmed its previous guidance of 3 percent to 4 percent sales growth for the first quarter of 2025 while keeping annual sales and operating income growth targets unchanged.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”