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Key Takeaways Walmart CFO John David Rainey said more significant tariffs may impair the retailer's profit trajectory even if ...
Bananas, roses and toys are some of the items hit by tariffs and price hikes could come as soon as late May, according to the ...
Prices are expected to increase “towards the tail end of this month, and then certainly much more in June,” says Walmart’s ...
Trump urged Walmart to absorb tariff costs, citing its profits, but the retailer plans price hikes due to slim margins.
President Donald Trump criticized Walmart on Saturday for potential price hikes. The company said it would do its best to ...
Walmart's Chief Financial Officer John David Rainey said in a CNBC interview. "We will do our best to keep our prices as low as possible but given the magnitude of the tariffs, even at the reduced ...
America’s largest retailer plans to raise prices later this month and early this summer, when tariff-affected merchandise ...
A Republican lawmaker dismissed concerns that Trump's tariffs are driving up prices moments after Walmart's CFO confirmed the ...
"Although expectations were high going into the quarter, we believe the combination of solid 1Q results and reiteration of ...
Walmart’s CFO John David Rainey said the retailer would likely have to raise prices on some items if President-elect Donald Trump’s proposed tariffs take effect. “We never want to raise ...
Walmart Chief Financial Officer John David Rainey warned that President-elect Trump's proposed tariffs could lead to higher prices for Walmart shoppers. "Tariffs are going to be inflationary.