In May, McMillon warned of tariff-driven price hikes for a wide range of goods that includes food, toys and electronics. Trump publicly criticized Walmart for saying it would hike prices, calling on the company to “eat the tariffs.”

For Walmart, Target and Tapestry-owned Coach, importing goods early and having merchandise in warehouses before tariffs took effect have helped them curb the hit from higher rates.

In eight out of the last nine quarters, Target posted negative same store sales comp whereas Walmart’s worst comp during this period was +3.8% (FY 1Q’25). Click to read.

Telsey Advisory raised the firm’s price target on Walmart (WMT) to $118 from $115 and keeps an Outperform rating on the shares. Telsey expects Walmart will remain a market share gainer in the retail industry and is encouraged by the company’s expanded vision beyond retail and e-commerce,

Rivals Target and Walmart have long been considered polar opposites. The biggest difference lately, though, is financial performance, underscored by the retailers' earnings reports this week.

Walmart and Target are two giants of the grocery world, but how do their generic food brands compare in price? Let's take a look at which label is cheaper.

The two retail giants are capitalizing on sustained investment in their technology foundations even as they face economic headwinds.

It didn’t have to be this way. At the start of his tenure, Cornell, who the company announced yesterday will step down as CEO on February 1, was an outsider unafraid to move fast and break things. He had been CEO of a big PepsiCo unit, Michaels Stores, and Sam’s Club before that.

Walmart continues to gain momentum — and market share — as back-to-school shopping winds down, leaving competitors like Target struggling to keep up. Executives at both companies said they remain cautious about the all-important holiday shopping season,