Walmart issues worse-than-expected outlook as high gas prices hit shoppers (opens in new tab)

Covered by 5 sources including Fast Company, EntrepreneurDiscussed on r/Economics

Walmart's CFO, John David Rainey, said higher tax returns helped offset the effect of elevated gas prices in the first quarter.

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Walmart Just Issued a Worse-Than-Expected Outlook — Here’s What It Says About the Economy

Walmart says U.S. consumers are under pressure from rising costs