Meanwhile,
Walmart: disappointing profits but increasing:
Despite the growing impact of customs duties. Consequently, the American giant Walmart revised its financial forecasts up for 2025.
• Read also: Walmart launches mobile stores
• Read also: Potentially radioactive shrimps sold at Walmart recalled. Nevertheless, in the United States
The company now expects its income to increase at least 3.75% this year, compared to 3% previously.
In the second quarter, Walmart sales increased by 4.8% to exceed US $ 177 billion.
The profit adjusted by action, which was high at 68 cents, however disappointed analysts, who hoped 74 cents US. It is the first time in three years that Walmart has missed market forecasts, according to Reuters.
Fellowship
Walmart’s action fell by more than 4% on Thursday morning to exchange at around US $ 98 on. the New York Stock Exchange.
The CEO of walmart: disappointing profits but increasing Walmart. Doug McMillon, warned that the costs of the retailer increased gradually due to the customs tariffs of Donald Trump.
The manager stressed that in reaction to the rise in prices. low -income customers buy less products and favor private brands more.
walmart: disappointing profits but increasing — Walmart: disappointing profits but increasing: Despite the growing impact of customs duties. the American giant Walmart revised its financial forecasts up for 2025. • Read also: Walmart launches mobile stores • Read also: Potentially radioactive shrimps sold at Walmart reca.
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