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Walmart CFO Warns Higher Prices Could Hit Shelves In Coming Months
Benzinga·
Walmart reported Q1 earnings that beat revenue expectations at $177.8 billion (up 7.3% YoY) with strong e-commerce growth of 26% and marketplace sales up 50%. However, the company reaffirmed fiscal 2027 guidance below Wall Street estimates and warned that elevated cost pressures may lead to higher retail price inflation in coming months.
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