Walmart Reports Thursday: Biggest Winner of Tariff-Era Trade-Down?
Walmart reports before the bell Thursday, with markets expecting the primary beneficiary of consumer trade-down to deliver strong guidance, while advertising unit Walmart Connect and membership program Walmart+ represent emerging growth engines. WMT is leveraging supplier bargaining power to pass through costs, even as higher-income consumers accelerate their shift to the retailer and broaden its addressable customer base. Can it give broader markets room to breathe?