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Walmart issues worse-than-expected outlook as high gas prices hit shoppers

Walmart's CFO John David Rainey said higher tax returns helped offset the effect of higher gas prices in the first quarter.

Walmart issues worse-than-expected outlook as high gas prices hit shoppers

Walmart's CFO John David Rainey said higher tax returns helped offset the effect of higher gas prices in the first quarter.

Earnings CNBC May 21, 2026

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