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Walmart warns of price hikes due to tariffs, despite strong sales, as profit fell to $4.45B.
Walmart warned it will raise prices due to higher costs from Trump-era tariffs.
Despite strong first-quarter sales, the company's profit dropped to $4.45 billion.
Walmart expects second-quarter sales growth of 3.5% to 4.5% but withheld a profit outlook due to unpredictable tariff policies.
CEO Doug McMillon stated the company will try to keep prices low but cannot fully absorb the tariff costs.
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Walmart advierte de subidas de precios debido a los aranceles, a pesar de las fuertes ventas, ya que las ganancias cayeron a $4.45B.