Walmart (WMT) stock is in focus after reporting mixed first quarter results — topping earnings estimates while coming slightly shy of revenue forecasts — and maintaining its full-year outlook, despite warning of tariffs causing price hikes. TD Cowen senior research analyst Oliver Chen joins Morning Brief to take a closer look at Walmart’s earnings and the retail space at large.
Yahoo Finance will be speaking with Walmart CFO John David Rainey later this morning.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here: https://finance.yahoo.com/videos/series/morning-brief/
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