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Stock impact report

Walmart posts mixed Q1 results as the retailer remains cautious about Q2 amid Trump tariffs [Yahoo! Finance]

Lowe's Companies, Inc. (LOW) 
Last lowe's companies, inc. earnings: 2/26 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
As America's largest retailer navigates President Trump's tariffs , its Q1 revenue of $165.6 billion missed Wall Street expectations of $166.02 billion. Adjusted earnings per share grew 1.7% year over year to $0.61, beating estimates of $0.58. US same-store sales also beat expectation with a 4.5% increase, led by strength in health and wellness and groceries. The 2.5% year over year jump in Q1 sales is below the 3% to 4% range Walmart set at its investor day back in April. For the second quarter, it expects net sales to increase 3.5% to 4.5%. "We will do our best to keep our prices as low as possible but given the magnitude of the tariffs, even at the reduced levels announced this week, we aren't able to absorb all the pressure given the reality of narrow retail margins," CEO Doug McMillon said in the release. The company did not provide guidance on operating income for the second quarter. CFO John David Rainey said the decision was "given the dynamic nature of the backdrop, an Show less Read more
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