1327 ET - Walmart likely already factored in plans to cut prices when it last updated its full year guidance in May, and it also has some wiggle room in its forecast to offset any pressure from the move, Mizuho analysts say in a note after the retailer shared plans to cut prices on thousands of items. Walmart has two avenues that should give it some relief: tariff refunds of more than $2 billion, some of which have already started coming through, and falling diesel prices, the analysts say. "Above all, deflationary pricing seems very much needed for the consumer, although decisive company actions point to an increasingly competitive environment across the board," the analysts say. "No one wants to battle WMT on price." (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
July 07, 2026 13:27 ET (17:27 GMT)
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