Walmart Warns of Higher Prices in Q1 Earnings Call, Sticks to Full Year Guidance
In their recent earnings call, Walmart executives have warned investors of potential price increases in the first quarter. Despite this, the company is standing by its full year guidance.
Key Points:
- Walmart predicts higher prices in Q1
- Company maintains full year guidance
- Factors such as inflation and supply chain disruptions cited for price increases
Despite the challenges posed by inflation and supply chain disruptions, Walmart remains confident in its ability to meet its full year financial targets. Investors will be closely watching how the retail giant navigates these obstacles in the coming months.