Walmart says the high cost of food and gas is hindering the ability of its customers to buy anything else, which will hurt its bottom line

Walmart customers are starting to feel the impact of rising food and gas prices.

The box-box store said late Monday that "double-digit" food inflation has hurt sales in other areas of Walmart's stores. The company said earnings per share will fall in the fiscal year that begins in July.

Walmart said customers have slowed down spending on other items, like clothing, because of rising grocery prices.

The company had to mark down clothing prices in order to sell them to customers.

Doug McMillon, CEO of Walmart, said in a press release that the increasing levels of food and fuel inflation are affecting how customers spend their money.

There will be more pressure on spending through the second half of the year.

Walmart shares fell after hours.

Inflation continues to climb in the US, as Walmart warns.

Food prices have gone up more than 10% in the last year.

McMillon said in May that the company planned to switch certain products in its deli, lunch meat, and dairy sections to lower-cost items due to inflation.

Walmart has other issues to contend with right now.

According to a leaked memo, Walmart has stopped its internal automatic ordering system due to stores not being able to sell fast enough. According to Insider's report, some stores block access to the bathroom because of the high amount of unsold products in the store.