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Walmart warns of tariff-driven price hikes
Shares were down 4 per cent yesterday, as its second-quarter profit was lower than expected, registering Walmart’s first earnings miss in more than three years. Its 12-month forward price-to-earnings ratio of 36.64 is roughly double the industry median and nearly three times higher than Target’s.
The food discounts were part of 7,400 temporary price reductions during the quarter, company executives told investors.
Walmart is reporting higher profits and sales as it pulls in shoppers seeking low prices for groceries and other essentials.
This $1,000 stainless steel grill is now just $149 at Walmart, and shoppers say it rivals models costing hundreds more.
6hon MSN
Walmart sees customers flocking to its stores to find deals amid high prices and tariff fears
Walmart said its tariff-related price increases were limited to 10 percent and the company was absorbing the rest of the ...
Shares of Walmart Inc. dropped in early trading Thursday, after the discount-retail behemoth missed fiscal second-quarter ...
Walmart will soon begin increasing prices across its inventory in response to the tariffs imposed by President Donald Trump.
Walmart on Thursday raised its fiscal year sales and profit forecast, driven by strong demand from shoppers across all income ...
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Walmart Marks Down JBL Flip 6 Speaker to Refurbished-Like Price, Brand-New and Cheaper Than Amazon
Head over to Walmart to get the JBL Flip 6 Portable Waterproof Speaker for just $87, down from its usual price of $130.
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