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Walmart CFO John David Rainey told FOX Business that the company won't be immune if President-elect Trump pursues a tariff on imports from all foreign countries.
While Walmart CFO John David Rainey lauded Trump's recent tariff cuts, he said rates remain too high, which could cause uncertain shopper behavior.
Walmart CFO John David Rainey talked to FOX Business about how the company has been "upleveling" its brand, helping it gain more higher-income shoppers.
Walmart announced price hikes due to tariffs. CFO John David Rainey noted the unprecedented speed and magnitude, anticipated ...
Walmart Chief Financial Officer John David Rainey warned that President-elect Trump’s proposed tariffs could lead to higher prices for Walmart shoppers.
Walmart CFO John David Rainey detailed the company's ideas to "up-level" their stores as they faced financial troubles resulting in the closure of 11 stores this year ...
“If you’ve not already seen it, it will happen in May and then it will become more pronounced,” Chief Financial Officer John David Rainey said of price hikes in an interview.
“We never want to raise prices,” John David Rainey told CNBC. “Our model is everyday low prices. But there probably will be cases where prices will go up for consumers.” ...
Walmart CFO John David Rainey said more significant tariffs may impair the retailer's profit trajectory even if it hits its sales goals. Tariffs are also impacting how retailers, such as Under ...
Walmart CFO John David Rainey gave further insight into the company's financial outlook on a conference call with analysts.
The prices are expected to increase “towards the tail end of this month, and then certainly much more in June,” says Walmart’s Chief Financial Officer John David Rainey ...
Sales outside the grocery aisles rose year-over-year for the second quarter in a row after 11 straight quarters of declines as customers continue to seek out good deals, CFO John David Rainey told ...
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