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Trump urged Walmart to absorb tariff costs, citing its profits, but the retailer plans price hikes due to slim margins.
The prices are expected to increase “towards the tail end of this month, and then certainly much more in June,” says ...
Walmart reported their fiscal Q1 ’26 earnings results last Thursday morning, May 15th, 2025 and while actual EPS beat ...
More: Trump treasury secretary says Walmart will absorb some tariff costs – but shoppers ... officer and executive vice president John David Rainey said in an interview with CNBC on May 15.
A Republican lawmaker dismissed concerns that Trump's tariffs are driving up prices moments after Walmart's CFO confirmed the ...
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 ...
"Although expectations were high going into the quarter, we believe the combination of solid 1Q results and reiteration of ...