<div id="readability-page-1"><div><div>                                                                                                                                                <p>Walmart’s (WMT) stock is sinking after the discount retailer delivered weak forward guidance and said that consumers are beginning to reign in their spending.</p><p>The Arkansas-based company reported first-quarter earnings per share (EPS) of $0.66 U.S., which matched Wall Street’s consensus expectation. </p><p>Revenue for this year’s first three months came in at $177.75 billion U.S., which surpassed the $174.98 billion U.S. expected among analysts. Sales were up 7% from a year earlier. </p><p>While the results were decent, Walmart issued a worse-than-expected outlook and raised questions about the health of the American consumer.</p><p>Management said that high gas prices and rising inflation in the U.S. is starting to strain shopper budgets, leading the company to issue soft guidance.</p><p>The world’s largest retailer reiterated its previous outlook, which disappointed analysts and investors when it was delivered last quarter. </p><p>Walmart continues to expect earnings per share of $2.75 U.S. to $2.85 U.S. this year. That remains below expectations of $2.91 U.S. </p><p>The company added that it continues to anticipate that its 2026 sales will rise between 3.5% and 4.5% this year.</p><p>Walmart also issued tepid guidance for the current second quarter, saying it expects earnings per share of $0.72 U.S. to $0.74 U.S., missing Wall Street expectations of $0.75 U.S. </p><p>Walmart sees sales rising 4% to 5% in the current quarter, in line with analyst forecasts.</p><p>Management said that U.S. consumers are starting to feel more strain as the effects of tax returns goes away and gas prices rise due to the Iran war.</p><p>Walmart’s stock is down 3% in premarket trading after the company’s latest print. Over the past 12 months, WMT shares have increased 36% to trade near an all-time high of $135.16 U.S. <br/></p></div></div></div>

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<p>Walmart's stock fell after the retailer provided weak guidance, citing consumer spending pullback due to high gas prices and inflation. The company reported Q1 EPS of $0.66, matching expectations, with revenue of $177.75 billion exceeding forecasts. However, it expects EPS of $2.75 to $2.85 for the year, below the $2.91 expected. For Q2, Walmart anticipates EPS of $0.72 to $0.74, missing Wall Street's $0.75 target. The stock is down 3% in premarket trading.</p>

- Walmart reported first-quarter earnings per share (EPS) of $0.66, meeting expectations, while revenue reached $177.75 billion, exceeding analyst forecasts.  
- However, the company provided a weaker outlook due to rising inflation and high gas prices, predicting EPS of $2.75 to $2.85 for the year, lower than the $2.91 expected.  
- As a result, Walmart's stock fell 3% in premarket trading, despite a 36% increase over the past 12 months.

Walmart Delivers Weak Guidance As Consumers Pullback