Walmart stores expected to post high shopper traffic amid deepening inflation pain


Walmart Inc. is expected to show a steady rise in gross margins and revenue when it reports first-quarter results on Tuesday as price conscious shoppers, feeling the strain of persistent inflation, increase visits to the low-cost retailer.

“What we found is pricing is still lowest at Walmart and they’ve done a very good job of keeping prices low to maintain and widen the price gaps with the competition and providing the best value for the consumer, even in an inflationary environment,” Telsey Advisory group analyst Joseph Feldman said.

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