Walmart warns of price increases due to fuel costs
The retailer expects somewhat higher retail price inflation in Q2 if the fuel shocks from the war in Iran persist. However, Walmart maintained its full-year guidance.
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The retailer expects somewhat higher retail price inflation in Q2 if the fuel shocks from the war in Iran persist. However, Walmart maintained its full-year guidance.
Higher fuel prices due to the war with Iran are putting pressure on Walmart's customers and supply chain, and could lead to higher prices.