Walmart plunges after new forecast

» Published: February 20 2025

Walmart plunges after new forecast
Photo: Eduardo Munoz Alvarez/AP/TT

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The American retail giant Walmart is presenting a new forecast for 2025, which is clearly lower than the analysts' expectations. This indicates that the uncertain economic development may come to pressure consumers.

The stock is plummeting nearly ten percent in early trading. Over the past twelve months, the stock has, however, soared 77 percent since the retail chain has taken market shares.

The new forecast has not taken into account the impact of potential tariffs, according to finance chief John David Rainey. Walmart is, among other things, a major importer of Mexican food products and also purchases products from China.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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