Mixed results?

Wall Street expects that Walmart’s latest quarterly snapshot will show mixed results.

The nation’s largest retailer is expected to report today that its fiscal first-quarter earnings declined from a year ago, while revenue edged higher. Walmart and other retailers face rising costs for everything from labor to shipping as supply chain backups drag on. As the nation’s largest food seller, it’s also more vulnerable to rising food prices. Investors will be listening for an update on Walmart’s sales trends and its outlook for the rest of the year.