The good news? Walmart Inc on Thursday reported another quarter of healthy sales growth. The bad news: Its profit fell short of Wall Street forecasts, in part because of how it is managing all the tariff uncertainty.

The massive big-box chain said that comparable U.S. sales in the quarter ended July 31 rose 4.6%, more than analysts expected and certainly much better than the 1.9% drop at its struggling rival Target . Still, its profit missed the mark slight for a variety reasons including its decision to absorb the costs of tariffs on some items (though certainly far from all).

“With regards to our U.S. pricing decisions, given tariff-related cost pressures, we’re doing what we said we would do,” CEO Doug McMillon told investors on the company’s earnings call. “We’re keeping our pr

See Full Page