Walmart is a best-in-class retailer with the wherewithal to survive a downturn, but macro conditions could weigh on results in the quarters to come. Those interested in buying in now need to be focused on the long term, and be prepared for potential turbulence on the horizon.

As President Trump’s Middle East trip continues, investors are refocusing on the basics with Walmart earnings, producer inflation, remarks from Federal Reserve chairman Jerome Powell and a blockbuster retail merger.

Walmart is set to mark up prices in the current quarter, as the magnitude of U.S. tariffs on imported goods — even amid pauses and reductions by the Trump White House — is characterized as too much for the company to eat.

Related: When you'll see empty retail store shelves due to tariffs Kroger launched Kroger Ship in 2018, an online shopping and delivery service where customers can buy a broader assortment of products and have them delivered to their homes.