Walmart CFO John David Rainey said on Tuesday that Trump's sweeping tariff plan could lead the retailer to raise prices on a portion of its products. "We never want to raise prices," he told CNBC.
Walmart's top boss has lifted the lid on what Americans can expect for grocery prices next year – and it's not good news. CEO Doug McMillon said the cost of a family shop - at record highs ...
Walmart will have to respond. “We never want to raise prices,” he stated. “Our model is everyday low prices. But there probably will be cases where prices will go up for consumers.” ...
Walmart (NYSE:WMT) will need to raise prices on certain items. Speaking with CNBC, Rainey explained, "We never want to raise prices. Our model is everyday low prices. But there probably will be cases ...
Walmart CFO John David Rainey has cautioned that the discount retailer may have to raise prices should President-elect Donald Trump’s proposed tariffs plan be implemented. “We never want to ...
The robust results, announced Tuesday, underscore how Walmart's comparatively low prices have become a powerful draw for shoppers seeking to cut spending where they could in a still inflationary ...
There’s a high chance that low-cost retailers such as Walmart will have to raise their prices if President-elect Donald Trump’s tariff proposal takes place, the company’s CFO said on Tuesday.
Walmart may have no choice but to raise prices on certain items if proposed tariffs on imports are enacted under President-elect Donald Trump’s administration, according to a company executive. ...
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.
The country’s largest retailer will release its third-quarter earnings Tuesday, and it’s looking like Walmart will be sharing good news. The value of its shares has jumped 60% this year.