Walmart Rises After Posting Best First Quarter in Nine Years

The video discusses Walmart's strong Q1 performance, highlighting a 2% rise in pre-market trading. Earnings per share exceeded expectations, but revenue fell short. Same store sales in the US met estimates, marking the 19th consecutive quarter of growth, driven by higher average ticket prices. Online sales increased by 37%, slightly above forecasts, as Walmart competes with Amazon. The company is focused on reducing delivery times. Tariffs are a concern, but Walmart's large grocery segment, mostly sourced in the US, offers some protection. The company aims to keep prices low despite potential tariff-induced cost increases.

How does Walmart's grocery sales impact its revenue in relation to tariffs?

What commitment did Walmart make regarding pricing despite increased tariffs?