Rainey reiterated commitment to the long-term financial framework "to grow annual sales about 4% and operating income faster than sales," adding "in what we believe are the most likely scenarios that we've modeled, we still have the ability to achieve our full-year guidance for both sales and operating income."

New tariffs are hitting the retail sector, but Walmart says it won’t pass the cost to Louisiana shoppers just yet.

The retailer, however, kept its annual sales and profit forecast intact for fiscal 2026. It continues to expect adjusted earnings per share for the fiscal year ending January 2026 in the range of $2.50 to $2.60 and annual sales to rise between 3% and 4%.

To identify stocks that can thrive even with tariffs, investors should consider factors such as international revenue exposure, product supply chains and pricing power. Defensive industries such as discount retail,

President Trump on Thursday claimed India has offered to drop tariffs on US goods as part of a potential trade deal. Speaking at a business event in Qatar, he claimed India is "willing to literally charge us no tariff.

Results from Walmart, a bellwether for the U.S. retail industry, will offer proof on Thursday why the Arkansas behemoth is best placed to navigate the uncertainty from the Trump administration's tariffs.

Related: Walmart makes drastic decision amid tariff threats A number of major retailers have reassured consumers that they're ready for tariffs and have strategies in place to mitigate them. But at the end of the day,