News Summary

• The giant retailer did raise some prices due to tariffs, yet that didn't stop consumers across all income brackets from shopping the stores and website.
• Walmart sales benefited from its low price appeal and particular strength in groceries.
• The company said previously that it would be able to absorb some tariff-related price increases but not all.
• The Bentonville, Ark.-based retailer raised its forecast for sales gains this year to 3.75 to 4.75 percent, up from the previous forecast of 3 percent to 4 percent.