Walmart CFO John David Rainey told FOX Business that the company won't be immune if President-elect Trump pursues a tariff on ...
The discounter's comments are the latest warning from retail leaders about the potential impact of the tariffs.
Our model is everyday low prices,” CFO John David Rainey said. “But there probably will be cases where prices will go up for ...
National Retail Federation CEO Matthew Shay described across-the-board tariffs as “a tax on American families.” ...
The Walmart executive’s comments hint at the trickle-down impact of tariffs, as companies pay the import tax upfront and ...
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 ...
Walmart has expressed concerns about the potential economic consequences of the tariffs proposed by President-elect Donald ...
In an interview with CNBC, Walmart Chief Financial Officer John David Rainey said year-over-year sales of general merchandise — which excludes groceries — rose for the second quarter in a row ...
Walmart CFO John David Rainey told CNBC that new tariffs could force the retailer to raise prices. Lowe's CEO Marvin Ellison said the home improvement retailer is concerned about the risk of ...
Walmart slashed its U.S. net delivery cost per order by 40% in Q3 for the third consecutive quarter, EVP and CFO John David Rainey said in an earnings call Tuesday. "There are a few key factors ...