1006 ET - Walmart CFO John David Rainey says on an analyst call that customers are buying less gas. "We see that in the most recent period, the number of gallons that customers fill up with when they come to our fuel stations fell below 10 for the first time since 2022. That's an indication of stress," he says. The strength of the consumer splits along income lines with high-income consumers still spending with confidence and the lower-income consumer "more budget conscious and perhaps navigating financial distress," Rainey says. (nicholas.miller@wsj.com)

(END) Dow Jones Newswires

May 21, 2026 10:06 ET (14:06 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.