Retailer expects annual sales to continue to rise but 'we aren't able to absorb all the pressure given the reality of narrow retail margins', CEO says Walmart will have to start raising prices later this month due to the high cost of tariffs, executives said on Thursday. US shoppers will start to see prices rise at the end of May and certainly in June, said John David Rainey, Walmart's chief financial officer, in a CNBC interview.
Walmart will have to raise prices this month due Trump tariffs, executives say
The Guardian - 15 May 2025 16:20
Retailer expects annual sales to continue to rise but 'we aren't able to absorb all the pressure given the reality of narrow retail margins', CEO says Walmart will have to start raising prices later this month due to the high cost of tariffs, executives said on Thursday. US shoppers will start to see prices rise at the end of May and certainly in June, said John David Rainey, Walmart's chief financial officer, in a CNBC interview.
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