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Americans may have to kiss goodbye to Walmart’s ‘everyday low prices’ if President-elect Donald Trump’s proposed tariffs take effect, warns CFO William Koblensky Varela December 5, 2024 at ...
A Walmart spokesperson told Fortune that any price changes are speculative at this point, but future tariff-induced cost increases would be an additional burden to already price-sensitive shoppers.
President-elect Donald Trump has always been seen as something of a business-friendly president, yet despite that fact, American businesses are already threatening to increase their prices when ...
As a result, Walmart’s CFO John David Rainey recently stated that if the tariffs are implemented, Walmart will have to respond. “We never want to raise prices,” he stated. “Our model is ...
Trump claimed tariffs are the ‘greatest thing ever invented’
For the current fiscal year, Walmart expects earnings per share in the range of $2.42 to $2.47. That’s up from its August projections for per-share earnings of between $2.35 and $2.43. Analysts ...