Walmart once fell more than 5%, CFO warns that tariff price increases may begin this month

Walmart's stock fell more than 5% at the opening bell. In terms of news, Walmart's net sales in the first quarter increased by 2.5% to $165.6 billion, with comparable sales in the US growing by 4.5% surpassing expectations. Despite strong sales performance, the CFO warned that price increases due to tariffs may start this month. The company maintained its annual sales and profit forecast for the 2026 fiscal year.