Retailers are generally having a tough time right now, and looming tariffs aren't going to make it any better. President-elect Donald Trump's tariff proposals — including 25% tariffs on all imports from Mexico and Canada and an additional 10% on goods from China — are widely expected to cause an increase in some prices as they raise sourcing costs.
and WMT stood out with positive discretionary comp sales growth this quarter, while most others saw flat or negative discretionary growth," Bernstein analyst Zhihan Ma wrote in a Tuesday note to clients. WMT YTD mountain Walmart vs. Costco, YTD Costco exceeded analysts' earnings and revenue estimates in its fiscal first quarter ended Nov. 24. Walmart also beat expectations and even hiked its full-year outlook. Shares of the companies are up more than 44% and 77%, respectively, in 2024. "Walmart, Amazon, Costco are the winners of the latest earnings cycle," S & P's Chiem said in an interview. "They all offer very unique value propositions, right.