Walmart says price swings from quarter to quarter could be large

Says transactions and units grew topline. Says inventory in good shape. Says given magnitude of tariffs, not able to absorb all the pressures due to slim margins. Says 60% of suppliers in the U.S. are small businesses. Says largest tariffs on China create the biggest impact. Says will do best to keep food prices as low as possible. Says will move production where possible. Says tariffs on Costa Rica, Peru and Columbia impacting prices on items like bananas, coffee and roses. Says not fully immune from tariff impacts in the short term. Says U.S. by far biggest market for sourcing. Says encouraged by trade negotiations with China. Says price swings from quarter to quarter could be large. Says operating conditions are expected to remain dynamic. Says striking the right balance between investments and profits. Says exited the quarter with a really strong April. Comments taken from Q1 earnings conference call.